CurrencyWorks raises US$250K from insider placement and SEGUS, settles US$100K debt

WASTE ENERGY CORP.

Closed $250K strategic financing: insider private placement of $50K (244,139 shares at $0.2048) and registered direct offering to SEGUS for $200K (1,221,001 units at $0.1638 each, share plus warrant).
SEGUS warrants: exercise price $0.2048/share, immediately exercisable, expiring 2 years from Jan 28, 2022.
Debt settlement of $100K via issuance of 488,281 shares at deemed price of $0.2048 per share to a creditor.
Insiders participating: Chairman Cameron Chell, CFO Swapan Kakumanu, Lead Director James Geiskopf.
Proceeds to be used for working capital and general corporate purposes.

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