Visionstate Corp. announced a non-brokered private placement to issue 35,000,000 units at an issue price of CAD 700,000 on March 4, 2024. Each unit consists of one common share and one common share purchase warrant exercisable at CAD 0.05 per share for a term of 24 months upon closing, subject to an acceleration clause on the same terms as the prior placement.

The financing is subject to regulatory approval and customary closing conditions.