Koios Beverage Corp. announced a private placement of a non-brokered private placement of 5,440,000 units at a price of CAD 0.05 per Unit for gross aggregate proceeds of CAD 272,000 on June 14, 2023. Each Unit consists of one common share in the capital of the Company and one transferable common share purchase warrant, each Warrant entitles the holder to acquire one additional Common Share of the Company at a price of CAD 0.05 for a period of 24 months from the date of issuance.

Closing of the proposed Offering is anticipated to occur on or about June 22, 2023. The Company does not anticipate to pay any finder’s fees in connection with the Offering. All securities issued pursuant to the Offering will be to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws of Canada.