Sweet Earth Holdings Corporation announced a non-brokered private placement of 10,000,000 units at the price of CAD 0.05 per unit for gross proceeds of CAD 500,000 on June 1, 2023. Each unit consists of one common share and one whole common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at an exercise price of CAD 0.10 per common share for a period of 24 months from the closing date of the transaction.

The securities issued under the transaction will be subject to a statutory hold period in Canada expiring four months and one day from the closing of the transaction. No finder's fees are payable in connection with the transaction.