Video River Networks, Inc. announced that it has entered into a common stock purchase agreement with new investor Triton Funds, LP, a fund managed by Triton Funds, LLC for private placement of 200,000 class B shares at a price of $10 per share for gross proceeds of $2,000,000 on June 30, 2021. The company will also issue common share purchase warrants to the investor with valuation cap of $12,000,000. The company will pay administrative fees of $7,500 to investor upon execution of the agreement. The agreement shall expire on earlier of issuance of securities or June 30, 2022.