1317225 B.C. Ltd. Announces Closing Of Private Placement Financing

(MENAFN- Newsfile Corp) 1317225 B.C. Ltd. Announces Closing of Private Placement Financing

October 16, 2026 7:40 PM EDT | Source: 1317225 B.C. LTD.

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2026) - 1317225 B.C. Ltd. (" 225 " or, the " Company ") is pleased to announce that on October 16, 2026 it has closed its previously announced private placement of common shares (" Common Shares ") of the Company (the " Offering ") for an additional 5,321,633 Common Shares at a price of $0.15 per share, for gross proceeds under the second tranche of $798,245.

Together with the first tranche, which closed on September 16, 2026, the Company issued an aggregate of 19,600,000 Common Shares for aggregate gross proceeds of $2,940,000. The Common Shares will be subject to a statutory hold period of four months plus one day, in accordance with applicable securities legislation.

The net proceeds of the Offering will be for general corporate purposes.

The securities referred to in this news release have not been and will not be registered under the U.S. Securities Act, or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, "U.S. Persons" (as such term is defined in Regulation S under the U.S. Securities Act) absent such registration or an applicable exemption from the registration requirements of the U.S. Securities Act. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities.

For more information, please contact:

1317225 B.C. LTD. James Ward Chief Financial Officer and Director Email: ...

CAUTIONARY NOTE REGARDING 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 legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, 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", "intends" or variations of such words and phrases or stating that certain actions, events or results "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. In this news release, forward-looking statements relate, among other things, the proposed use of proceeds. This forward-looking information reflects the Company's current beliefs and is based on information currently available to the Company and on assumptions the Company believes are reasonable. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. ‎There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they be available.

Not for distribution to U.S. Newswire Services or for dissemination in the United States.

To view the source version of this press release, please visit

Source: 1317225 B.C. LTD.

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