Hopefield Ventures Two Inc. announced the private placement of subscription receipt at a minimum price of CAD 0.35 per subscription receipt for aggregate gross proceeds of a minimum of CAD 3,000,000 in July 20, 2023. The Parties have agreed that it is their intention that the securities of the Resulting Issuer issued in exchange for the securities issued pursuant to the Concurrent Financing will, to the extent permitted by Canadian securities laws, be issued without a hold period in Canada, provided that neither Party will be required to file a prospectus in connection with the securities of the Resulting Issuer.