E-Waste Corp. (OTCPK:EWST) announced that it has entered into a purchase agreement for private placement of 1,000,000 common shares at a price of $0.05 per share for a total gross proceeds of $50,000 on October 14, 2020. The transaction included participation from two accredited investors. The company issued securities pursuant to exemption provided under Rule 506 of Regulation D. The securities issued in the transaction are deemed to be restricted securities. There were no finders’ fees payable in the private placement.