Geyser Brands Inc. (TSXV:GYSR) announced a non-brokered private placement of 8,030,769 common shares at a price of CAD 0.065 per share, for gross proceeds of CAD 522,000 on April 15, 2020. The transaction included participation from three placees. The company has paid a finder's fee of 481,846 common shares to each Yan Ming Li and Xin Wei Chen in connection with the transaction. All securities issued in the transaction are subject to a four month hold period expiring August 15, 2020. The transaction remains subject to final regulatory approval. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.