Koios Beverage Corp. announced a non-brokered private placement of 33,451,619 units at an issue price of CAD 0.05 per Unit for gross aggregate proceeds of up to CAD 1,672,580.95 on April 4, 2023. Each Unit consists of one common share in the capital and one transferable common share purchase warrant, with 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 transaction is anticipated to occur on or about April 13, 2023. The Company does not anticipate paying any finder's fees in connection with the transaction. All securities issued pursuant to the transaction 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.