Right Season Closes $1.2 Million Financing

Vancouver-based Right Season Investments Corp. has completed a non-brokered private placement, issuing 800 convertible debentures at $1,500 each, raising $1.2 million in total. The debentures allow conversion into company units at $0.07 per unit. Each unit includes one common share and 0.6 of a share purchase warrant, with each warrant enabling the purchase of an additional share at $0.07 over 48 months.

The debentures, due June 30, 2026, bear 5.45% annual interest, payable quarterly. Insiders Kristian Thorlund and Zachary Stadnyk subscribed for 12.5% of the offering. The proceeds will support investment opportunities and operational expenses.

The offering is categorized as a "related party transaction" under MI 61-101 but is exempt from formal valuation and minority approval requirements. The transaction remains subject to TSX Venture Exchange approval, and all securities issued have a statutory hold period of four months and one day.