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Hapbee Announces Closing of Non-Brokered Private Placement

VANCOUVER, British Columbia, July 29, 2024 (GLOBE NEWSWIRE) -- Hapbee Technologies, Inc. (the "Company" or "Hapbee") (TSXV:HAPB) (OTCQB:HAPBF) (FSE: HA1) – The Company is pleased to announce that it has now closed its previously announced non-brokered offering for aggregate gross proceeds of CA$2.72 million (the "Offering").   Hapbee also wishes to correct its previous announcement made July 8, 2024 of an initial closing of this non-brokered private placement. The earlier press release should have stated that the Company had simply received commitments from subscribers for up to CA$2.7 million. Pursuant to the closing of the Offering, the Company issued a total of 22,693,753 units (the "Units") at CA$0.12 per Unit. As previously announced, each Unit consists of one (1) subordinate voting share (a "Share") and one-half (1/2) of one non-transferable Share purchase warrant (each whole such Share purchase warrant, a "Warrant"). Each Warrant shall ...