ZeU Technologies Inc. announced a non-brokered private placement of 2,220,000 units at a price of CAD 0.4 per unit for maximum gross proceeds of CAD 888,000 on November 19, 2021. Each unit will be comprised of one common share and one share purchase warrant of the company. Each warrant shall entitle the holder thereof to acquire one additional common share of the company at an exercise price of CAD 0.45 per share for a period of 18 months. In the event that the trading price of the common shares on the Canadian Securities Exchange reaches CAD 2.50 per share on any single day, the company may, at its option, accelerate the warrant expiry date by delivery of notice to the registered holders thereof and issuing a press release, and, in such case, the warrant expiry date shall be deemed to be 5:00 p.m., Montreal time, on the 30th day following the date of issuance of the press release. The company might pay a finder?s fee on parts or all of the transaction. All securities to be issued in the transaction will be subject to a hold period of four months. The transaction is subject to the approval of the Canadian Securities Exchange.