OOOOO Entertainment Commerce Limited announced a private placement of 20,000,000 subordinated voting shares at a price of CAD 0.01 per share for the gross proceeds of CAD 200,000 on November 17, 2023. The transaction will include participation from the Chief Executive Officer of the company, Mr. Jones. The shares will be subject to a hold period legend prohibiting resale for 4 months and day from the date of closing of the offering.

The terms of the offering are subject to the acceptance of the TSXV. The transaction has been approved by the shareholders of the company.