Glow Announces Successful Completion of $1.2 Million Private Placement

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Glow LifeTech Corp. Successfully Completes $1.2 Million Private Placement Financing

Toronto, Ontario–(Newsfile Corp. – September 24, 2024) – Glow LifeTech Corp. (CSE: GLOW) (OTCQB: GLWLF) (“Glow” or the “Company”) is pleased to announce that, further to its press release of August 13, 2024, the Company has successfully completed a non-brokered private placement financing is for gross proceeds of $1,200,000 through the issuance of 40,000,000 units in the capital of the Company (the “Units”) at a price of $0.03 per Unit (the “Offering”). Each Unit was comprised of one common share in the capital of the Company (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”).

This achievement marks a significant milestone for Glow LifeTech Corp. as it continues to solidify its position in the market and expand its operations. The successful completion of the private placement financing demonstrates strong investor confidence in the Company’s vision and growth potential.

How Does This News Affect Me?

As an investor, this news may have a direct impact on your portfolio if you have shares or an interest in Glow LifeTech Corp. The successful completion of the private placement financing could lead to increased liquidity and potentially drive the stock price higher. It is important to stay informed about the latest developments and financial news related to the Company to make informed investment decisions.

How Does This News Affect the World?

The successful completion of Glow LifeTech Corp.’s private placement financing not only benefits the Company and its investors but also has broader implications for the world. As Glow continues to grow and innovate in the tech industry, it has the potential to create new job opportunities, drive economic growth, and contribute to advancements in technology that could have a positive impact on society as a whole.

Conclusion

In conclusion, Glow LifeTech Corp.’s successful completion of the $1.2 million private placement financing is a significant achievement that highlights the Company’s potential for growth and success in the tech industry. This news is not only exciting for investors but also holds promise for positive developments and contributions to the world at large.

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