Cross River Ventures Corp. announced a non-brokered private placement offering of common shares at an issue price of CAD 0.03 per share on November 22, 2022.

On the same day, the company issued 9,166,665 Shares for proceeds of CAD 275,000 in its first tranche closing. No finders' or commissions were paid in connection with completion of the initial tranche. The Company may pay finders' fees to eligible parties who assist in introducing subscribers to a further tranche of the Offering. All Shares issued under the initial tranche of the Offering are subject to a statutory hold period until March 23, 2023.