Hypercharge Completes Brokered LIFE Unit Offering, Raising $3.75 Million in Gross Proceeds

Private Placement Offering: Hypercharge Networks Corp. successfully closed a brokered private placement offering, raising $3,750,000 by issuing 37,500,000 units at $0.10 each, with each unit consisting of one common share and one-half warrant.

Use of Proceeds: The net proceeds from the offering will be allocated for general working capital and corporate purposes, as detailed in the Offering Document available on the company's website.

Insider Participation: Company insiders Tony Geheran and Jason Baybutt subscribed for a total of 5,150,000 units, which is classified as a related party transaction under Canadian securities regulations.

Regulatory Compliance: The offering was conducted under the "listed issuer financing exemption" and is not subject to a statutory hold period, with the securities not registered under U.S. securities laws, thus not available for sale in the United States.