TSX-V: EWK
OTCQB: EAATF
VANCOUVER, BC , April 1, 2025 /CNW/ - Earthworks Industries, Inc. (the "Company") has initiated a non-brokered private placement sale of 7,500,000 units at $0.05 per unit to provide the Company with gross proceeds of $375,000. Each unit will consist of one common share of the Company and one share purchase warrant. Each warrant will be exercisable to purchase one additional share of the Company at $0.10 for a period of two years with a forced exercise should the Company's share price close at or above $0.20 for 20 consecutive trading days. The Company anticipates paying commissions with respect to some of the placements.
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