PhoneBrasil International, Inc. announced that it has entered into a securities purchase agreement with seven accredited investors for a private placement of 8% Secured Convertible Promissory Notes for gross proceeds of $625,000 on October 25, 2021. The company also issued five-year warrants to purchase additional shares of common stock. Each warrant is exercisable at a price of $1.9032 per share. The note accrues interest at a rate of 8% per annum. The company has issued securities pursuant to exemption provided under Section 4(a)(2) of the Securities Act of 1933 and Rule 506.