37 Capital Inc. announced a non-brokered private placement to issue 300,000 units of the company, at the price of CAD 0.10 per unit for the gross proceeds of CAD 30,000 on March 27, 2024. Each unit will consist of one common share of the company and one share purchase warrant to purchase an additional common share of the company, at the price of CAD 0.15 per common share, for a period of three years from the closing date. There will be no finders' fees payable, and certain insiders may participate in this proposed financing.

All securities that will be issued in connection with this proposed financing will include a hold period in accordance with applicable securities laws.