Genufood Energy Enzymes Corp announced a private placement to issue common shares at a price of $0.01 per share in June 2021. On the same date, the company has issued 63,000,000 common shares for gross proceeds of $630,000 in its first tranche. The transaction included participation from 18 individual investors. The transaction is exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof and Regulation D and/or Regulation S promulgated thereunder.