VANCOUVER, British Columbia, April 22, 2026 (GLOBE NEWSWIRE) -- Grey Matters Health Inc. (the "Company" or "Grey Matters") (CSE:GREY) (FRANKFURT: AGW0) (OTCQB:AGNPF), a Canadian healthcare company, is pleased to announce a non-brokered private placement for gross proceeds of CAD $1,000,000 (the "Offering") of units (the "Units") at an issue price of CAD $0.40 per Unit.
Each Unit will consist of one Class A common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to acquire one Common Share (a "Warrant Share") at an exercise price of CAD $0.60 (the "Exercise Price") per Warrant Share for a period of 24 months from the issuance date (the "Expiry Date").
The Warrants are subject to an acceleration of their Expiry Date in the event the volume weight average trading price of the Common Shares exceeds CAD $0.80 for 10 consecutive trading days. The Company may, within 10 business days of the occurrence of such event, deliver a notice to the holders of the Warrants accelerating the Expiry Date of the Warrants to a date that is not less than 30 days following the date of such notice and the issuance of a press release by the Company announcing the acceleration notice (the "Accelerated Exercise Period"). Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period.
The Offering is expected to close in tranches on or before May 21, 2026.
The Company may pay cash finder's fees and finders warrants to eligible finders, up ...
