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LEEF Brands Closes Oversubscribed Private Placement for CAD $2.09 Million

VANCOUVER, British Columbia, Aug. 18, 2025 (GLOBE NEWSWIRE) -- LEEF Brands, Inc. (CSE:LEEF, OTC:LEEEF) ("LEEF" or the "Company"), a premier California and New York cannabis operator, is pleased to announce the closing of its previously announced private placement offering (the "Offering"). The Company has raised gross proceeds of C$2,090,890 through the issuance of 8,363,560 units (the "Units") at a price of C$0.25 per Unit, representing approximately twice the size of the original Offering.

Each Unit consists of one common share and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of C$0.30 for a period of 24 months from the closing date of the Offering.The Offering was conducted pursuant to the listed issuer financing exemption (the "LIFE Exemption") under Part 5A of National Instrument 45-106, Prospectus Exemptions ("NI 45-106") and other applicable prospectus exemptions under NI 45-106. Securities issued under the LIFE Exemption are not subject to a statutory hold period in accordance with applicable Canadian securities laws.

"We are grateful for the strong support from our investors, which has enabled us to close this Offering at twice our original expectation," said Micah Anderson, CEO of LEEF Brands. "We are excited about the opportunities ahead, including expanding our presence in New York and further developing our farm in California to drive long-term growth.""With this financing, ...