G6 Materials Corp. Closes $1,001,000 Private Placement

… has closed a non-brokered private placement and issued 14,300,001 units at a price of $0.07 per unit to raise aggregate proceeds of $1,001,000.07. Each unit consists of one common share and one common share purchase warrant. Each common share purchase warrant is exercisable into one common share for a period of two (2) years from closing at a price of $0.12 per share. If the common shares trade on the TSX Venture Exchange at a volume weighted-average price of $0.16, or more, per common share for any period of at least ten consecutive trading days after September 06, 2020 [4 months and one day from close], the Company shall be entitled to accelerate the expiry time of the warrants to a date that is at least thirty days from the date that notice of such acceleration is given via news release by the Company, with the new expiry time specified in such news release.