Must Capital Inc. (TSXV:MUST.H) announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.10 per unit for gross proceeds of up to CAD 1,000,000 on January 26, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share for a period of one year from the date of issuance of the transaction at an exercise price of CAD 0.20 per warrant. The warrants expiry date may be declared by company's option with acceleration clause any time after the date that is four months and one day following the closing date, the common shares of the company trade or close at a price of CAD 0.30 or above for a period of 10 consecutive trading days on the policies of the NEX board of the TSX Venture Exchange. All securities to be issued in the transaction, are subject to a hold period of four months and one day. The transaction will include participation from existing directors, officers, and existing unrelated shareholders. The transaction is subjected to receipt of all necessary approvals, including board approval and the approval of the TSX Venture Exchange.