Bnsellit Technology Inc. announced a non-brokered private placement of 3,506,166 units at a price of CAD 0.06 per unit for gross proceeds of CAD 210,369.96 on April 12, 2023. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant is exercisable into common shares at a price of CAD 0.10 per warrant expiring on October 12, 2024.

All securities issued under the transaction are subject to a statutory hold period until August 13, 2023.