Sustainable Projects Group Inc. announced a private placement 1,500,000 common shares shares at a price of $0.25 per share for the gross proceeds of $375,000 and 7,347,000 shares at a price of $0.35 per share for the gross proceeds of $2,571,450 for the total gross proceeds of $2,946,450 on August 18, 2023. The common shares are restricted.
On the same date, the company announced that it has issued 1,500,000 common shares shares at a price of $0.25 per share for the gross proceeds of $375,000 and 4,006,000 at a price of $0.35 per share for the gross proceeds of $1,402,100 in its first tranche closing.