GreenHy2 plans to raise approximately $630,000 through a 1-for-4 partially underwritten pro-rata non-renounceable entitlement offer at $0.006 per share, representing a 25% discount to the April 4th closing price.

The funds will cover general working capital and offer costs.

The offer, open from April 22 to May 2, is non-renounceable and underwritten by Saint Michael Family for up to $300,000 without fees to the company.