G2 Energy Corp (CSE:GTOO, OTC:GTGEF) told investors that the Canadian Securities Exchange has approved the extension of its previously announced non-brokered private placement financing to October 30, 2023.
The company intends to issue up to 12 million units at C$0.05 each for aggreggate gross proceeds of C$600,000. Each unit consists of one common share and one common share purhcase warrant, entitling the holder to acquire an additional share for C$0.08 for 24 months from the closing of the private placement.