BluSky Carbon Inc. Announces $3 Million Private Placement Offering

BluSky Carbon Inc. has announced its intention to launch a private placement offering of special warrants, with a goal to raise up to $3 million. The company plans to issue 6 million special warrants, each priced at $0.50. These warrants will convert into company units, comprising common shares and purchase warrants, subject to certain conditions within a stipulated timeframe.

The proceeds will be allocated to corporate development and general working capital. The offering requires regulatory and stock exchange approvals, with closure expected around November 18, 2024.

Additionally, services from DSS-Digital Service Solution GmbH will continue for 30 days, with an option for extension.