New World Solutions Inc. announces private placement of 50,000,000 units at an issue price of CAD 0.02 per unit for gross proceeds of CAD 1,000,000 on January 17, 2024. Each Unit will consist of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder to acquire one additional Share of the Company at a price of CAD 0.05 per Share for a period of 3 years from the date of issuance, subject to accelerated expiry if the Company's shares trade at CAD 0.10 for 15 consecutive days.

The Company may pay finders' fees equal to up to 8% cash and 8% broker warrants of the aggregate proceeds raised in the private placement. The transaction is expected to close on January 31, 2024. All securities that are issued pursuant to the Private Placement will be subject to a hold period of four months and one day in accordance with applicable Canadian securities laws.