G2 Energy extends private placement closing

G2 Energy Corp (CSE:GTOO, OTC:GTGEF) has been granted an extension by the Canadian Securities Exchange to finalize its non-brokered private placement. The offering, initially announced on November 2, 2023, involves up to 10 million units priced at $0.05 each, aiming for total gross proceeds of C$500,000. Each unit comprises one common share and one common share purchase warrant, with warrants exercisable at C$0.08 for 24 months, subject to acceleration under specified conditions. Proceeds will support optimizing production, potential acquisitions, and general working capital.