Earthworks Closes Fully Subscribed Private Placement
Suite 615 - 800 West Pender Street, Vancouver, BC V6C 2V6
Telephone: 604.669.3143 Fax: 604.669.3107
Email: [email protected] Web: www.earthworksinc.com
TSX-V: EWK
OTCQB: EAATF
News Release
July 23, 2025
EARTHWORKS CLOSES FULLY SUBSCRIBED PRIVATE PLACEMENT
Earthworks Industries Inc. (the “Company”) is pleased to report that is has now closed its $375,000 non -
brokered Private Placement as announced in a news release dated April 1, 2025. The Company initiated
the sale of up to 7.5 million Units at $0.05 per unit with a Warrant entitling the purchase of one additional
share of the Company for $0.10, exercisable for 2 years.
The second tranche closing of 2,250,000 Units for gross proceeds of $112,500 has resulted in a full
subscription of $376,000. On May 22, 2025, a first tranche was announced to close 5,270,000 units for
gross proceeds of $263,500.
The Placement includes sales to four Directors of a total of 2,370,000 Units.
With respect to the Unit sales, the Company will pay finders fees or commissions of 8% cash on some of
the placements, totaling $1,400.
The placements are subject to acceptance for filing by the TSX Venture Exchange.
As the Company continues to advance in the industry, it thanks its shareholders for their continuing
support and looks forward to acting upon the tremendous opportunities in the waste industry for proper
handling practices at additional locations that align with the highest of standards from an environmental
perspective.
For further information, contact:
Earthworks Industries Inc.
David Atkinson
President/CEO
604-669-3143
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Ven ture
Exchange) accepts responsibility for the adequacy or accuracy of this News Release.