Scryb Inc. announced a non-brokered private placement financing to issue 60,000,000 units at an issue price of CAD 0.025 per unit for the gross proceeds of CAD 1,500,000 on April 1, 2024. Each Unit shall be comprised of one common share and one whole Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.05 per Common Share until the date that is eighteen months from the date of issuance.

Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.