VANCOUVER, BC — November 26, 2025 — Leads & Copy — BEACN Wizardry & Magic Inc. (TSX-V:BECN) has announced its intention to proceed with a non-brokered private placement to accelerate sales and invest in new product development.
The company plans to offer up to 6,086,957 common shares at a price of C$0.115 per share, aiming to raise gross proceeds of up to $700,000. The offering is a private placement and is not available in the United States.
Kevin Alexander, CEO of BEACN, stated that despite a challenging year marked by global trade volatility and increased U.S. tariffs, the company has continued to invest in its product roadmap and marketing strategy. He added that this funding opportunity would enable the company to move towards stable and profitable growth.
The Offering will be exempt from the formal valuation and minority shareholder approval requirements of 61-101 as neither the fair market value of the securities issued to related parties nor the consideration for such securities will exceed 25% of the Company’s market capitalization. A material change report will be filed in connection with the participation of the directors and officers in the Offering potentially less than 21 days in advance of the closing of the Offering, which the Company deems reasonable in the circumstances so as to be able to avail itself of potential financing opportunities and to complete the Offering in an expeditious manner.
The company intends to use the proceeds from the offering to accelerate B2B and B2C sales initiatives, support strategic inventory purchases of current and new products, continue research and development of new products, and for general working capital.
The closing of the offering is contingent upon receiving all necessary regulatory approvals, including that of the TSX Venture Exchange. BEACN may choose to close the offering in multiple tranches.
Liberty Brunet
ir@beacn.com
+1 (778) 561-1450
Reader Advisory: This press release contains forward-looking statements that are subject to risks and uncertainties, including the inability to complete the Offering, timing of receipt of regulatory approval, change in market conditions, evolving global supply chain issues, evolving economic and political issues, and demand for BEACN products. The company does not undertake any obligation to publicly update or revise any forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Source: BEACN Wizardry & Magic Inc.
