Braille Energy Systems Secures Extension for Private Placement

On November 11, 2024, Braille Energy Systems Inc. (TSX-V:BES) announced an extension from the TSX Venture Exchange to finalize its equity financing by December 9, 2024. This offering involves the issuance of units priced at $0.09 per unit. Each unit contains one common share and one non-transferable warrant. Holders of each warrant can purchase an additional common share at $0.15 within 24 months.

If the company’s share price reaches or exceeds CAD$0.35 for ten consecutive days post a four-month hold, an accelerated expiry may be triggered. Participation in this offering awaits the final approval from TSX Venture Exchange.