Bioasis Technologies Inc. announced a non-brokered private placement of 770,000 for CAD 0.26 per share for gross proceeds of CAD 200,200 on February 17, 2022. The transaction included participation from arm's length investor. The common shares issued pursuant to the private placement are subject to a four month hold period in accordance with applicable securities laws. The transaction included participation from one placee.

On February 18, 2022, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.