Optimi Health Corp announces non-brokered private placement of 5,000,000 units at an issue price of CAD 0.30 per Unit for gross proceeds of CAD 1,500,000 on February 8, 2024. Each unit consists of one common share and one half of one transferable Common Share purchase warrant. Each Warrant entitles the holder to acquire one Common Share at CAD 0.40 for two years from the date of issuance.

The transaction include participation from insiders for CAD 605,000. All securities issued under the Offering, including securities issuable on exercise thereof, will be subject to a hold period expiring 4 months and 1 day after issuance, in accordance with the rules and policies of the Exchange and applicable Canadian securities laws.