Earthworks Undertakes Private Placement Financing
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
October 9, 2025
EARTHWORKS UNDERTAKES PRIVATE PLACEMENT FINANCING
Earthworks Industries Inc. (the “Company”) has initiated a non -brokered private placement sale of
5,000,000 units at $0.06 per unit to provide the Company with gross proceeds of $300,000. Each unit will
consist of one common share of the Company and one share purchase warrant. Each warrant will be
exercisable to purchase one additional share of the Company at $0.10 for a period of two years with a
forced exercise should the Company’s share price close at or above $0.20 for 10 consecutive trading days.
The Company anticipates paying commissions with respect to some of the placements.
Proceeds from the placements will be used to pay the cost s of the current expenses and on -going legal
costs for defending the legal status and enforceability of the Cortina lease and working capital.
The Company’s wholly owned U.S. subsidiary, Cortina Integrated Wa ste Management Inc. , (CIWM)
continues to move forward in the U.S District Court for the Eastern District of California , challenging the
Order of the U.S. Department of the Interior’s, Interior Board of Indian Appeals (IBIA), which purports to
cancel the federally approved lease between CIWM and the Kletsel Dehe Wintun Nation of the Cortina
Rancheria, California.
For further information, contact:
Earthworks Industries Inc.
David Atkinson
President/CEO
604-669-3143
Forward Looking Statements:
This news release contains “forward -looking information” and “forward -looking statements” (collectively ‘forward -looking
statements”) within the meaning of the applicable Canadian securities regulations. All statements, other than statements of
historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this
news release. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections,
objective assumpt ions, future events or performance (often but not always using phrases such as “expects”, or “does not
expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”,
“believes” or “intends” or “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of
historical fact and may be forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual
results, performance, or achievements of the Company or CIWM to be materially different from any future results, performance
or achieveme nts expressed or implied by the forward -looking statements. Factors that could cause actual results to differ
materially from those anticipated in these forward -looking statements are described under the “Risks and Uncertainties
Statement” attached to this news release. Forward - looking statements contained herein are made as of the date of this News
Release. The Company will update these forward -looking statement and Risks and Uncertainties as required to reflect new
information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There
can be no assurance t hat forward-looking statements will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on our
forward-looking statements.
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.