37 Capital Inc. announced a non-brokered private placement of 4,000,000 units at the price of CAD 0.025 per unit gross proceeds of up to CAD 100,000 on June 1, 2023. Each Unit will consist of one common share in the capital of the Company and one share purchase warrant to purchase an additional common share in the capital of the Company at the price of CAD 0.05 per common share for a period of 5 years from Closing. Finder's fees may be payable in respect to this transaction and certain insiders may participate in this financing. All securities that will be issued in connection with this Proposed Financing will include a hold period in accordance with applicable securities laws.

On June 5, 2023, the company announced the unit will contain acceleration clause as in the event that the Company's shares trade on the CSE at CAD 0.20 per share or above for a period of 10 consecutive trading days, a forced exercise provision will come into effect for the warrants issued in connection with this financing.