Ynvisible Interactive Inc. announced a non-brokered private placement financing of up to 20,000,000 units at a price of CAD 0.10 per Unit to raise gross proceeds of up to CAD 2,000,000 on March 13, 2026. Each Unit will consist of one common share of the Company and one transferable share purchase warrant. Each Warrant shall be exercisable into one additional common share at a price of CAD 0.14 per share for a period of three years from the date of closing of the Private Placement.
All securities to be issued by pursuant to the Private Placement will be subject to a statutory hold period expiring four months and one day from the date of closing of the Private Placement in accordance with applicable Canadian securities laws. Completion of the Private Placement is subject to customary closing conditions, including acceptance of the TSX Venture Exchange ("TSXV"). The Company may engage certain qualified finders to assist in fulfilling of the Private Placement by introducing the Company to potential Investors who wish to participate in the Private Placement and pay finder's fees in accordance with TSX Policies.
Insiders of the Company may participate in the Private Placement.
