Fineqia International Inc. announced a non-brokered private placement of up to 100,000,000 units at a price of CAD 0.01 per unit for the aggregate gross proceeds of CAD 1,000,000 on April 28, 2023. Each Unit will consist of one common share and one e common share purchase warrant. Each Warrant will be exercisable for a period of three years from the closing of the offering at an exercise price of CAD 0.05 per share.

The Company may, at its option, accelerate the expiry date, provided that closing price trades at or above CAD 0.10 per share for any 20 consecutive trading day period at any time after four months and one day after the issuance of the warrant. Warrant holders will be notified by the issue of a press release by the Company announcing such acceleration. In such a situation, the expiry date shall be deemed to be the 20th day following the date of issuance.