**VANCOUVER, British Columbia — November 10, 2025 — Leads & Copy —** Cannabix Technologies Inc. (CSE: BLO) has announced a non-brokered private placement to raise a minimum of C$1,000,000 and up to a maximum of C$2,000,000. The offering will consist of units priced at C$0.47 each, with each unit including one common share and one-half of a non-transferable common share purchase warrant.
The offering, made under the listed issuer financing exemption, is expected to close around November 25, 2025, subject to regulatory approvals from the Canadian Securities Exchange (CSE). The company intends to use the funds for manufacturing, inventory, product marketing, administrative expenses including investor relations, and working capital.
Each whole warrant will allow the holder to acquire one share at C$0.60 for 24 months from the issuance date. An acceleration clause may be triggered if the company’s shares trade at or above C$0.75 for 10 consecutive trading days. Cannabix may then accelerate the expiry date of the warrants, which would expire 30 calendar days after the notice is given.
Company insiders may participate in the private placement, but the company anticipates that any such participation would be exempt from the formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101.
The offering is available to purchasers in all Canadian provinces except Quebec, in compliance with National Instrument 45-106. Securities issued under the exemption will not be subject to a hold period. An offering document is available on SEDAR+ and the company’s website, which prospective investors are encouraged to read before making investment decisions.
The company may also pay finder’s fees consisting of cash payments up to 8% of the gross proceeds, and finder’s units equal to up to 10% of the units sold. Each Finder’s Unit consists of one Share and one half of one Warrant. Each whole Warrant shall entitle the holder to purchase one Share at a price of C$0.60 at any time on or before that date which is 24 months after the closing date of the Offering. Finder’s Units will be issued under the Exemption and form part of the Offering. Warrants underlying the Finder’s Units will also be subject to the Acceleration Clause.
An investor of the Company holds a contractual participation right until May 15, 2026 in respect of future equity financings by the Company. The Company has received an executed waiver from such investor indicating that they will not exercise their participation right in connection with the Offering.
The press release does not constitute an offer to sell securities in the United States, where the securities have not been registered under the Securities Act of 1933.
Rav Mlait, CEO of Cannabix Technologies Inc., is the contact person for further information. The company can be reached at info@cannabixtechnologies.com.
Contact: info@cannabixtechnologies.com
Source: Cannabix Technologies Inc.
