• PlasCred Circular Innovations closed a second tranche of an upsized non-brokered private placement under the listed issuer financing exemption, raising CAD 1.66 million from the sale of 9,746,000 units priced at CAD 0.17.
• Aggregate gross proceeds from the offering reached CAD 6.68 million, including a first tranche that raised CAD 5.03 million.
• Each unit includes one common share, one warrant exercisable at CAD 0.22 for 36 months, with an early-expiry trigger if the 10-day VWAP exceeds CAD 0.40.
• Proceeds are earmarked for engineering, permitting, and long-lead equipment for the Neos advanced plastic recycling facility planned at CN Rail’s Scotford Yard in Alberta, plus working capital.
• Finders received CAD 93,843 in cash fees, with 549,020 broker warrants issued.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plascred Circular Innovations Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605211809NEWSFILECNPR____20260521_298515_1) on May 21, 2026, and is solely responsible for the information contained therein.