Empower Clinics Inc. announced a non-brokered private placement of up to 7,500,000 units at a price of CAD 0.04 per unit for the gross proceeds of up to CAD 300,000 on June 23, 2023. Each unit comprised of one common share and one common purchase warrant. Each warrant will be exercisable into one common share at a price of CAD 0.05 per share having a term two years following the closing date.

The securities issued in transaction are subject to hold period of four month and one day. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval from the Canadian Securities Exchange. The company will pay a finder?s fee to qualified finders.