VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) — New Wave Holdings Corp. (the “Company” or “New Wave”) (CSE: NWAI, FWB: 0XM0, OTCPK: TRMNF) is pleased to announce that it will proceed with a non-brokered private placement under the Listed Issuer Financing Exemption (as defined herein) of 7,000,000 units of the Company (the “Units”) at $0.055 per Unit for gross proceeds of $385,000 (the “LIFE
Offering”). Each Unit will consist of one common share in the capital of the Company (a “Share”) and one transferrable common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share at a price of $0.07 for a period of 24 months from the closing of the LIFE Offering, provided, however, the Warrants may not be exercised until the date that is 75 days from the closing date.