Contagious Gaming Inc. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD $0.025 per share for gross proceeds of up to CAD 500,000 on February 28, 2022. The company may pay a finder's fee on the transaction within the amount permitted by the policies of the TSX Venture Exchange. All securities issued are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

Closing of the transaction is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the Exchange.