Seven Oaks Capital Corp. announced a non-brokered private placement of up to 2,000,000 common shares at an issue price of CAD 0.10 per share for the gross proceeds up to CAD 200,000 on June 20, 2023. All shares issued are subject to a 4 month hold from the date of their issuance.

The transaction is subject to the approval of the TSX Venture Exchange. The transaction is expected to close by the end of June, 2023.