Canada Jetlines has entered a non-brokered private placement with its new Chair, Brigitte Goersch, to raise an offering of $150,000. The Offering consists of units issued at $0.255 per unit. Each Unit consists of one variable voting share and one-half of one warrant. Each Warrant entitles the holder thereof to purchase an additional Share for a period of 24 months after closing at a price of $0.40 per Warrant Share. Canada Jetliners will also enter a loan agreement for $1,000,000 from the Roosheila Group at an interest of 7% per annum and a maturity date of 48 months from closing.

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