Yerbaé announces overnight marketed special warrant financing of up to US$5.0 million, with a lead order from football superstar Aaron Rodgers, the quarterback for the New York Jets

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

SCOTTSDALE, Ariz., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSXV: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based energy beverage company, is pleased to announce that it has entered into an agreement with Raymond James Ltd. (“Raymond James") and Echelon Wealth Partners Inc. (“Echelon”, together with Raymond James, the “Co-Lead Agents”) as co-lead agents and joint bookrunners, on behalf of a syndicate of agents (collectively, the “Agents”), to conduct a private placement on a commercially reasonable, “best efforts” agency basis to raise gross proceeds of up to US$5.0 million through the issuance of special warrants of the Company (the "Special Warrants") at a price (the “Issue Price”) to be determined in the context of the market (the "Offering"). Football superstar Aaron Rodgers, the quarterback for the New York Jets, is providing the lead order.

Read more at globenewswire.com