Clover Leaf Capital Corp. announced a private placement of 16,666,667 subscription receipts at the price of CAD 0.30 per subscription receipt for gross proceeds of up to CAD 5,000,000 on May 3, 2023. Each subscription receipt will automatically be converted into a North Shore share upon the satisfaction or waiver of the escrow release conditions immediately prior to the closing, and each such North Shore share will be exchanged for a resulting issuer share pursuant to the terms of the share exchange agreement.