Modern Meat Inc. (CNSX:MEAT) announced a non-brokered private placement of up to 400,000 units at CAD 2.5 per unit for gross proceeds of up to CAD 1,000,000 on April 9, 2021. 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 CAD 3 per share for a period of 2 years. The company may pay finder's fees in the transaction.