Bion Environmental Technologies, Inc. announced that it will receive $10,000,000 in funding on March 8, 2023. The company will issue 6,250,000 units at an issue price of $1.60 in the transaction. Each unit consists of one common share and one half warrant with an exercise price of $2.40 until June 30, 2024.

The company will issue securities pursuant to exemption provided under Regulation D.