Anquiro Ventures Ltd. announced a private placement of 2,500,000 common share at a price of CAD 0.10 for the gross proceeds of CAD 250,000 and 10,000,000 subscription receipts for the gross proceeds of CAD 2,000,000 for the total gross proceeds of CAD 2,250,000 on February 24, 2023. Each subscription receipt will automatically convert into one unit of company, comprised of one common share and one-half of one common share purchase warrant. Each SR warrant will be exercisable for a period of two years after its issuance to acquire one common share in the capital of the company at a price per share of CAD 0.35.