GURU Organic Energy Corp. announced a brokered private placement of approximately 2,000,000 common shares at a price of CAD 16 per share for a gross proceeds of approximately CAD 32,000,000 on June 14, 2021. The transaction will include participation from a group of institutional investors. The transaction is expected to close on or about July 6, 2021. The transaction is subject to necessary corporate and regulatory approvals, including the approval of the Toronto Stock Exchange.