Zoglo's Food Corp. Finalizes $80,850 Private Placement

Zoglo's Food Corp. has successfully concluded a non-brokered private placement, raising $80,850 through the issuance of 1,470,000 units at $0.055 each. The units comprise one common share and a common share purchase warrant, enabling holders to buy an additional share at $0.10 for 36 months post-closing.

The company, listed on the Canadian and Frankfurt exchanges, intends to utilize the proceeds for general working capital and settling outstanding payables. The issued securities will remain under a statutory hold in Canada for four months and a day.

It's important to note that these securities are not registered under the U.S. Securities Act and are not offered for sale within the United States. No finder's fees were incurred for this placement.