Trenchant Announces Closing of Non-Brokered Private Placement

Vancouver, British Columbia–(Newsfile Corp. – June 20, 2024) – Trenchant Technologies Capital Corp. (CSE: AITT) (OTC: AITTF) (“Trenchant” or the “Company“) announces that, further to its News Release of June 12, 2024, it has completed its non-brokered private placement financing (the “Offering“), pursuant to which it has issued 400,000 units (each, a “Unit“) for gross proceeds of $100,000. Each Unit consists of one common share (each, a “Share“) and one common share purchase warrant (each, a “Warrant“). Each Warrant entitles the holder thereof to acquire one Share (each, a “Warrant Share“) at a price of $0.50 per Warrant Share for a period of two years following closing. Proceeds of the Offering will be used for general working capital purposes.

The securities issued in connection with the Offering, and the Shares that may be issuable on exercise of the warrants, are subject to a statutory hold period expiring four months and one day after closing of the Offering.

ON BEHALF OF THE BOARD
TRENCHANT TECHNOLOGIES CAPITAL CORP.

Per: “Eric Boehnke”
Eric Boehnke, CEO

For further information, please contact:
Trenchant Capital Corp.
Eric Boehnke, CEO
Phone: (604) 307-4274

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/213772