Canada Computational Unlimited Corp. announced a non-brokered private placement of 3,912,481 shares at a price of CAD 0.84 per share for gross proceeds of CAD 3,286,484 on January 21, 2022. The shares issued in connection with the transaction are subject to a statutory hold period until May 21, 2022. The transaction included participation from 22 placees, Fanny Philip, vice president for 53,571 shares, Kyle Appleby, chief financial officer for 11,905 shares and other investors.

On February 4, 2022, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.