Datable Technology Corporation announced a non-brokered private placement of up to 77,640,456 units at an issue price of CAD 0.02 per unit for gross proceeds of CAD 1,552,809.12 on June 20, 2022. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional share at a price CAD 0.05 per share for a period of two years from the closing of the offering.

The company may pay finder's fees in the transaction. All securities issued in the transaction have a hold period for four months plus a day from the date of issuance. The transaction is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including TSX Venture Exchange.