Empower Clinics Announces Closing of Private Placement, Resignation of Auditor and Resignation of MediSure Canada Inc. President

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Dec 14, 2022

VANCOUVER BC / ACCESSWIRE / December 14, 2022 / EMPOWER CLINICS INC. (CSE:EPW)(OTCQB:EPWCF) ("Empower" or the "Company") today announces that on December 13, 2022, it completed a non-brokered private placement of units (each a "Unit") at a price of $0.05 per Unit, for aggregate gross proceeds of $842,500 (the "Financing"). In connection with the Financing, the Company issued 16,850,000 Units, comprised of (i) 14,850,000 Units issued as settlement of $742,500 in outstanding debt and (ii) 2,000,000 Units issued for cash proceeds of $100,000.