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PRINCIPAL TECHNOLOGIES ANNOUNCES CLOSING OF PRIVATE PLACEMENT FINANCING

Newswire.ca - Thu Jul 31, 2025

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VANCOUVER, BC, July 31, 2025 /CNW/ - Principal Technologies Inc. (the "Company" or "Principal") (TSXV: PTEC) (FWB: JO7) is pleased to announce, further to its news release of July 28, 2025, that it has closed a non-brokered private placement offering (the "Private Placement") with the issuance of 2,080,000 common shares of the Company (the "Common Shares") at a price of $0.30 per Common Share, thereby raising proceeds of $624,000 (the "Proceeds").

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