Patriot Berry Farms, Inc. (OTCBB:PBFI) announced a private placement of common shares on August 9, 2013. The company will issue the shares to new investor Ardmore Investments, Inc. The company will issue the securities pursuant to exemption provided under Regulation D.

On September 4, 2013, the company closed the first tranche of the transaction.

On October 11, 2013, Patriot Berry Farms, Inc. closed the transaction. The company issued 300,000 shares at $0.50 per share for gross proceeds of $150,000.