BioNxt Solutions Inc announce a non-brokered private placement of 6,000,000 units at an issue price of CAD 0.40 per unit for gross proceeds of CAD 2,400,000 on December 21, 2023. Each Unit consists of one common share of the company and one-half of one Share purchase warrant. Each Warrant will entitle the holder thereof to acquire one additional Share at a price of CAD 0.70 per Warrant Share for a period of 24 months from the date of closing.

All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day following the Closing Date in accordance with applicable Canadian securities laws.