MetaWorks raises $75,000 via unsecured promissory note

WASTE ENERGY CORP.

Net proceeds of $75,000 from unsecured promissory note; total note amount $100,298 including 13% interest ($11,538) and OID ($9,510).
Maturity date April 19, 2024; repaid in 10 monthly payments of $10,029.80 starting May 30, 2023, with a 5-day grace period.
Upon default, note is convertible at the lowest trading price over the prior 25 trading days; cash repayment penalty is 200% of outstanding principal plus accrued interest.

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