Nubeva Technologies Ltd. announced a non-brokered private placement of up to 655,000 units at an issue price of CAD 0.80 per unit for gross proceeds of up to CAD 524,000 on September 16, 2021. Each unit consist of one common share and one half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at an exercise price of CAD 1.25 per common share for a period of up to three years. If at any time subsequent to the date which is four months and a day from completion of the transaction, the closing price of the common shares as quoted on TSX Venture Exchange for any ten consecutive trading days is equal to or exceeds CAD 2.50 per common share, the company may provide notice to the holders of the warrants by issuance of a press release that the expiry date of the warrants will be accelerated to the 30th day after the date on which the company issues such press release. The company did not pay any commissions or finder's fees in connection with the transaction. The transaction is subject to the acceptance of the TSX Venture Exchange, and the securities issued will be subject to the required 4-month hold period. The TSX Venture Exchange has accepted for filing documentation with respect to offering. The transaction included participation from two placees.