Clean Seed Capital Group Ltd. announced a non-brokered private placement of promissory notes for the gross proceeds of CAD 150,000 on October 11, 2023. The notes will mature 12 months from the date of issue. The company may elect to satisfy the interest payments due under the Notes by the issuance of common shares subject to acceptance of the TSX-V at each such instance.

In connection with the notes, the company will issue an aggregate of 428,571 bonus Shares to the subscribers at a market price of CAD 0.07 per share.