5Barz International Inc. (OTCPK:BARZ) announced a private placement of 26,100,000 units at a price of $0.10 per unit for gross proceeds of $2,610,000 on July 25, 2013. Each unit consists of one share and one share purchase warrant to acquire a common share at a price of $0.30 for a period of two years.

On November 12, 2013, 5Barz International Inc. closed the transaction. The company issued 21,169,800 units for cash gross proceeds of $2,116,980 to accreditors investors. The company issued securities pursuant to exemption provided under Regulation D.