MicroPlanet Technology Corp. (TSXV:MP) announced that it will receive $301,500 (CAD 309,740) in a round of funding on May 21, 2013. The company will issue common shares and options, warrants or other right to acquire another security to the investors. The securities will be issued pursuant to exemption provided under Regulation D. The conversion was made through www.oanda.com as on May 21, 2013.

On May 22, 2013, the company announced a non brokered private placement of 11,197,031 units at CAD 0.05 per unit for gross proceeds of CAD 559,851.55. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.10 per common share at any time until the date that is 36 months following the closing date of the offering. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.

On the same day, the company announced that it has received its first tranche.

On June 19, 2013, MicroPlanet Technology Corp. closed the transaction. The company issued 16,415,531 units at CAD 0.05 per unit for gross proceeds of CAD 820,776.55; of which $557,886 (CAD 581,038) has been raised from 18 investors pursuant to Regulation D. The securities issued are subject to a hold period of four months. The conversion was made through www.oanda.com as on July 17, 2013.