TraceSafe Inc. announced a non-brokered private placement of up to 6,500,000 units at an issue price of CAD 0.10 per unit for gross proceeds of up to CAD 650,000 on October 5, 2022. Each unit shall consist of one common share and one whole non-transferable common share purchase warrant. Each warrant shall be exercisable to acquire one common share at a price of CAD 0.25 per warrant for a period of 24 months from the closing date.