Promino Announces Closing of Second Tranche of Private Placement
Burlington, Ontario--(Newsfile Corp. - May 15, 2026) - Promino Nutritional Sciences, Inc. (CSE: MUSL) (OTCID: MUSLF) (FSE: 93X) ("Promino" or the "Company"), a performance nutrition company focused on clinically validated amino acid formulations, is pleased to announce that, further to its press releases dated March 13, April 22 and May 5, 2026, the Company has closed a second tranche (the "Second Tranche") of its private placement, issuing an aggregate of 13,437,000 units ("Units") at a price of $0.03 per Unit for gross proceeds of $403,110. The Units are composed of one (1) Share and one half of one (1/2) Share purchase warrant, each whole warrant exercisable into one (1) additional Share at a price of $0.06 for one (1) year from the date of issuance.
In connection with the Second Tranche, the Company paid finder's fees of $11,340 in cash and issued 378,000 finder's warrants, each exercisable into one (1) Share at a price of $0.06 for one (1) year from the date of issuance.
The net proceeds from the Second Tranche are expected to be used to (a) accelerate growth through investments in inventory and (b) fund general corporate purposes, excluding accrued salaries to officers or directors of the Company and payment for Investor Relations Activities (as such term is defined in the policies of the Canadian Securities Exchange).
All securities issued upon closing of the Second Tranche are subject to a four-month hold period in accordance with applicable securities laws.
The securities referenced herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.
About Promino Nutritional Sciences Inc.
Promino Nutritional Sciences is a Canadian innovation company focused on science-based, clinically proven nutrition for muscle health and recovery. Its core product, Rejuvenate Muscle Health™, is a clinically researched proprietary amino acid formula designed to rebuild, restore, and rejuvenate muscle tissue.

