Real Luck Group Ltd. announced a non-brokered private placement of up to 60,000,000 units of the company, at a price of CAD 0.04 per unit, for gross proceeds of up to CAD 2,400,000 on June 27, 2023. Each unit will consist of common share and one common share purchase warrant. Each warrant will be exercisable to acquire one common share for a period of 36 months following the closing date of the offering at an exercise price of CAD 0.08 per common share, subject to adjustment in certain circumstance.

The common shares, warrants, and any common shares issued following exercise of the warrants will be subject to resale restrictions imposed by applicable securities laws, including a statutory hold period expiring four months and one day from the date of closing. Closing remains subject to the final approval of the TSX Venture Exchange.