Captiva Verde Wellness Corp. announced a non-brokered private placement of up to 80,000,000 units at a price of CAD 0.0353 per unit for gross proceeds of CAD 2,824,000 on April 21, 2023. Each unit consists of one common share and one common share purchase warrant.

Each warrant exercisable at a price of CAD 0.05 for a period of five years. All securities to be issued are subject to four months and one day hold period. The company may pay a finder's fee to eligible persons pursuant to applicable securities laws and Canadian Securities Exchange policies.