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PICKERING, ON, Aug. 19, 2025 /CNW/ - MTL Cannabis Corp. ("MTL Cannabis" or the "Company") (CSE: MTLC) (OTCQX: MTLNF) is pleased to announce that it has entered into an agreement with Centurion One Capital Corp. (the "Lead Agent" or "C1C") as lead agent and sole bookrunner, in connection with a brokered private placement of units (the "Units") on a commercially reasonable efforts basis for aggregate gross proceeds of up to $4,000,000 (the "Offering"). The Lead Agent will have the option to sell up to an additional $1,750,000 in Units (the "Agents' Option"), exercisable at any time up to 48 hours prior to the closing date (as defined herein).
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