Perihelion Capital Ltd. announced a non-brokered private placement of up to 33,333,333 common shares at a price of CAD 0.06 per share for a gross proceeds of up to CAD 2,000,000 on June 28, 2021. The company will issue one new common share for every two common shares held. The company will pay a cash finders' fee of up to 10% of the gross proceeds. All the securities in the transaction will subject to a hold period of four-month pursuant to securities laws in Canada and the policies of the TSX Venture Exchange. The transaction is subject to approval of the shareholders of the company and TSX Venture Exchange.