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The BC Bud Co Arranges $500,000 Placement
July 28, 2023

VANCOUVER, BC, July 28, 2023 – The BC Bud Corporation (CSE: BCBC) (OTCQB: BCBCF) (“The BC Bud Co” or the “Company”), a house of high-quality cannabis brands based out of British Columbia, Canada, wishes to announce a proposed non-brokered private placement (the “Placement”) to raise up to $500,000 through the sale of up to 6,666,667 units (each a “Unit”) at a price of $0.075 per Unit.


Each Unit will comprise one common share and one share purchase warrant. Each warrant will entitle the holder to acquire an additional common share at a price of $0.10 per share for a period of 36 months.


Finder’s fees may be payable on all or any portion of the Placement, which is subject to regulatory and exchange approval.


The proceeds of the Placement will be utilized for business development and general working capital purposes.


About The BC Bud Co.


The BC Bud Co. is a publicly traded Canadian cannabis company headquartered in British Columbia. Renowned for its responsibility, maturity, and unwavering commitment to quality, the company is steadfastly dedicated to overcoming the challenges inherent in the cannabis sector while striving for sustained growth.


Investor Relations


Phone: 1-(778)-656-0377

Email: info@thebcbc.com

Web: www.thebcbc.com



Disclaimer & Forward-Looking Statements


Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties, and other factors.


Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include failure to obtain regulatory approval, the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.


Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Recent news releases.

January 29, 2025
VANCOUVER, BC, January 29th, 2025 – The BC Bud Corporation (CSE: BCBC) (OTCQB: BCBCF) (“The BC Bud Co” or the “Company”) is pleased to announce that it has closed the third and final tranche of its oversubscribed, previously announced, non-brokered private placement (the “Placement”) (see news releases dated January 9, 2025, January 17, 2025, and January 24, 2025). Under the third tranche of the Placement, the Company raised gross proceeds of $506,436 through the sale of 6,752,483 units at a price of $0.075 per unit (each a “Unit”). Each Unit consists of one common share (a “Common Share”) and one share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire an additional Common Share at a price of $0.15 per share for a period of 24 months. The Company previously closed the first tranche of the Placement on January 17, 2025, for aggregate gross proceeds of $631,300 and the second tranche on January 24, 2025, for aggregate gross proceeds of $511,275. In total, the Company has now raised aggregate gross proceeds of $1,649,011 through the sale of 21,986,813 Units. In connection with the third tranche of the Placement, the Company: Paid certain finders an aggregate cash commission of $21,912. Issued an aggregate of 292,160 finders' warrants (the “Finder Warrants”). Each Finder Warrant is exercisable into one unit of the Company (“Finder Unit”) at a price of $0.075 per Finder Unit for a period of 24 months from January 29, 2025. Each Finder Unit consists of one Common Share and one Warrant. All securities issued in the third tranche are subject to a statutory hold period expiring on May 30, 2025, in accordance with applicable securities legislation. Use of Proceeds Net proceeds of the Placement will be used for business development and general working capital purposes. Warrant Extension The Company is also pleased to announce that it intends to extend the expiry date of an aggregate of 6,800,000 common share purchase warrants (the “Prior Warrants”) issued under a previous non-brokered private placement completed on February 2, 2023. Each Prior Warrant is currently exercisable into one Common Share of the Company at an exercise price of $0.15 per share, with an expiry date of February 2, 2025. Subject to the approval of the Canadian Securities Exchange (CSE), the expiry date of the Prior Warrants will be extended to February 2, 2026. All other terms of the Prior Warrants will remain unchanged. About The BC Bud Co. The BC Bud Co. is a house of brands created by industry professionals passionate about the user experience. On behalf of the Board of Directors of The BC Bud Co. Brayden Sutton Chief Executive Officer & Director Investor Relations 📞 Phone: 1-(778)-656-0377 📧 Email: info@thebcbc.com 🌐 Web: www.thebcbc.com Forward-Looking Statements This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or performance and reflect management’s expectations or beliefs regarding future outcomes. Generally, forward-looking statements can be identified by the use of terminology such as “intends,” “anticipates,” or variations of such words and phrases, as well as statements indicating that certain actions, events, or results "may," "could," "should," "would," or "occur." These statements, made as of the date of this news release, include but are not limited to: The anticipated use of net proceeds from the Placement. The Company’s intention to complete the warrant extension. The expectation that the warrant extension will be effected. Material Assumptions: The Company has made certain assumptions, including but not limited to: That the net proceeds of the Placement will be used as currently anticipated. That the Company will not face regulatory or other barriers in carrying out its business plans. That the Company will obtain all required corporate and regulatory approvals for the warrant extension. Risk Factors: These forward-looking statements involve numerous risks and uncertainties, including but not limited to: The risk that the Company may not use the proceeds as anticipated. The risk that the Company may not obtain CSE or other regulatory approvals to effect the warrant extension. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other unforeseen factors. There is no guarantee that forward-looking statements will prove to be accurate, and actual results may differ materially from expectations. Readers are advised not to place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements unless required by applicable securities laws. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
January 24, 2025
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VANCOUVER, BC, January 22nd, 2025 – The BC Bud Corporation (CSE: BCBC) (OTCQB: BCBCF) (“The BC Bud Co” or the “Company”) is pleased to announce the appointment of Ken Osborne to the Company's Board of Directors (the "Board"). Ken Osborne is a seasoned finance professional with deep expertise in mergers and acquisitions (M&A), capital markets, and strategic advisory. As a General Partner at Osborne Partners Ltd., he has led numerous successful transactions, including acquisitions, equity financings, and venture debt mandates across various industries. Previously, Ken was a key member of the M&A team at TELUS Corporation, where he managed 11 acquisitions spanning the telecom and agriculture technology sectors. A CFA Charterholder, Ken is based in Vancouver, BC. The Company has also accepted the resignation of Justin Chorbajian from the Board, effective January 22, 2025. CEO Statement "We are genuinely honored to welcome Ken to our Board of Directors," stated Brayden Sutton, CEO. "His extensive background in mergers and acquisitions, capital markets, and strategic advisory will bring tremendous value as we continue to scale and evolve. Ken's expertise and strategic insight will enhance our team and stakeholders, setting the stage for an exciting new chapter in our company's journey." "I would also like to extend our gratitude to Justin Chorbajian for his dedication and efforts at The BC Bud Co. We wish him every success in his future endeavors." About The BC Bud Co. The BC Bud Co. is a house of brands created by industry professionals who are passionate about the user experience. On behalf of the Board of Directors of The BC Bud Co. Brayden Sutton Chief Executive Officer & Director Investor Relations 📞 Phone: 1-(778)-656-0377 📧 Email: info@thebcbc.com 🌐 Web: www.thebcbc.com Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
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