Grounded People Apparel Inc. Launches Private Placement and Strategic Review

Grounded People Apparel Inc. has announced a non-brokered private placement aiming to raise up to $1,000,000. This initiative involves 10,000,000 units at $0.10 each. Each unit includes one common share and a half warrant. A full warrant allows the purchase of an additional share at $0.12 within 36 months.

The raised capital will support general working needs and a strategic review, targeting growth opportunities in mining and exploration. These efforts include technical assessments and potential strategic acquisitions, with no transactions confirmed yet. All actions remain subject to the Canadian Securities Exchange's approval.

CEO Maximilian Justus emphasized disciplined capital allocation to build a sustainable business. The Private Placement's result remains uncertain, as does the fruition of any strategic initiative.