CANADA CARBON ANNOUNCES PRIVATE PLACEMENT OF UNITS

Toronto, ON, Canada , Oct. 03, 2024 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company") (TSX-V : CCB) is pleased to announce a non-brokered private placement of up to 7,500,000 units (each, a “Unit”) at a price of $0.02 per Unit for agg­regate gross proceeds of up to $150,000 (the “Offering”). Each Unit shall be comprised of one (1) common share in the capital of the Company and one (1) common share purchase warrant (each, a “Warrant”). Each whole Warrant shall entitle the holder thereof to acquire one (1) common share at a price of $0.06 per share for a period of 60 months from the date of issuance.

Read more at globenewswire.com