Malachite Innovations raises ~$248K via private placement of 1.67M shares and warrant

RANGE IMPACT, INC.

Issued 1,666,667 shares at $0.15/share and a 5-year warrant for 1,666,667 shares at $0.60/share to HTGT Enterprises.
Net proceeds of approximately $248,000 after fees and expenses.
Warrant is immediately exercisable and expires August 26, 2027; cashless exercise permitted.
Registration statement for resale of shares and warrant shares to be filed within a reasonable time.
Transaction closed on August 26, 2022; securities sold as exempt private placement to an accredited investor.

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