---
title: "Eshbal to raise up to $750,000 in non-brokered private placement"
description: "Eshbal Functional Food (ESBL:CA) has initiated a non-brokered private placement aiming to raise up to $750,000. The company plans to issue approximately 4,411,765 units at a price of $0.17 each, with "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/273428700.md"
published_at: "2026-01-22T22:00:47.000Z"
---

# Eshbal to raise up to $750,000 in non-brokered private placement

> Eshbal Functional Food (ESBL:CA) has initiated a non-brokered private placement aiming to raise up to $750,000. The company plans to issue approximately 4,411,765 units at a price of $0.17 each, with each unit comprising one common share and one warrant exercisable at $0.30 for a period of 24 months.

Eshbal Functional Food (ESBL:CA) said on Thursday it has launched a non-brokered private placement to raise gross proceeds of up to $750,000. The company said it plans to issue up to about 4,411,765 units at $0.17 each, with each unit consisting of one common share and one warrant exercisable at $0.30 for 24 months. Eshbal said the net proceeds wil...

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.