Skychain Technologies Inc. announced a non brokered private placement of up to 2,619,047 common shares at a price of CAD 0.42 per share for gross proceeds of up to CAD 1,100,000 on December 31, 2021. All securities to be issued in the transaction will be subject to a hold period of four months and one day. The transaction is subject to the approval of the TSX Venture Exchange.