Smartset Services Inc. (TSXV:SMAR.P) will look for assets acquisition. The Company announced a private placement (the Offering) of up to 1,300,000 common shares at $0.05 per share for gross proceeds of up to $65,000 subject to final TSX Venture Exchange approval. The Company is a Capital Pool Company, as defined under the policies of the TSX Venture Exchange.

The Company does not have any agreement, agreement in principal or any other arrangement with any party in connection with a potential Qualifying Transaction. Proceeds from the Offering will be used for audit, legal, and, general working capital, due diligence costs related to identifying and evaluating assets or businesses for a potential Qualifying Transaction, financing or partially financing the acquisition of significant assets in connection with a Qualifying Transaction or for working capital after completion of a Qualifying Transaction. In the event that a proposed Qualifying Transaction is identified, a portion of the private placement proceeds may be used as an advance to the target company for the purposes of preserving its assets prior to closing of the transaction.