Prime Drink Group extends private placement, targets $1.2 million-$2.2 million raise

Reuters2026/07/30 21:38

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Prime Drink Group extended a non-brokered private placement of units, targeting gross proceeds of 1.2 million to 2.2 million.
Closing expected on or by Sept. 14, 2026; units priced at $10,000, each with 200,000 shares and 200,000 warrants.
Implied share price $0.05; warrants exercisable at $0.1 for one year; issuance range 24,000,000 to 44,000,000 shares.
Net proceeds: $1 million earmarked for creditor settlement and release of security; remaining funds for working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prime Drink Group Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301730PRIMZONEFULLFEED9801322) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Prime Drink Group extends private placement, targets $1.2 million-$2.2 million raise

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