IL2M International Corp (OTCPK:ILIM) announced a private placement of one convertible promissory note with new investor Sure Investment Group Limited at $85,000 per note for gross proceeds of $85,000 on June 30, 2014. The note does not carry any interest and is convertible into common shares of the company at the variable conversion price which is lower of $0.10 per share or 50% of the average trading price of its common shares for the five days preceding the date of conversion. The note will become due and payable upon demand.

On June 30, 2014, IL2M International Corp closed the transaction.