Inverite Insights Inc. announced a non-brokered private placement of up to 40,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 2,000,000 on June 21, 2024. Each Unit is comprised of a common share and one whole warrant exercisable to purchase a common share at a price of CAD 0.10 for a period of two years. The Company may pay finder fees in accordance with applicable laws and Exchange requirements.

All securities issued will be subject to a hold period expiring four months and one day from the closing date.