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TORONTO, Oct. 31, 2022 /CNW/ - Baselode Energy Corp. (TSXV:FIND.VN) (OTC-BB:BSENF) ("Baselode" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. and PI Financial Corp. to act as co-lead agents and joint bookrunners on behalf of a syndicate of agents (the "Agents") in connection with a best efforts, private placement (the "Offering") for the sale of up to 10,204,082 flow-through units of the Company to be sold to charitable purchasers (each, a "Charity FT Unit") at a price of C$0.98 per Charity FT Unit (the "Offering Price") for gross proceeds of up to C$10,000,000.
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