Captiva Verde Wellness Corp. announced a non-brokered private placement of 20,000,000 units at a price of CAD 0.02 per unit for gross proceeds of CAD 400,000 on November 22, 2022. Each unit consists of one common share and one common share purchase warrant.

Each warrant exercisable at CAD 0.05 for a period of five years. All securities to be issued are subject to four months hold period expiring on April 24, 2023.