PlasCred Circular Innovations Inc. Announces Closing of First Tranche of Upsized Non-Brokered Private Placement Under Listed Issuer Financing Exemption

Calgary, Alberta--(Newsfile Corp. - April 22, 2026) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) ("PlasCred" or the "Company"), is pleased to announce that, as a result of strong investor demand, it has closed the first tranche (the "First Tranche") of its previously announced upsized non-brokered $7,000,000 private placement (the "Offering"), issuing 29,573,822 units of the Company (each, a "Unit") at a price of $0.17 per Unit for aggregate gross proceeds of $5,027,550, pursuant to the listed issuer financing exemption of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"). Certain portions of the First Tranche, totaling approximately $1,522,149, are being settled by delivery against payment and are expected to be completed shortly.