Yerbaé Announces Closing of Private Placement of Special Warrants

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SCOTTSDALE, Ariz., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSXV: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based energy beverage company, today announced that it has closed its previously announced private placement offering of 1,003,468 special warrants (each, a “Special Warrant”), priced at US$1.50 per Special Warrant, for total gross aggregate proceeds of US$1,505,202 (the “Offering”). The net proceeds from the Offering will be used for Yerbaé’s continued expansion through product innovation, distribution growth and marketing strategies, as well as for working capital and general corporate purposes.

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