NTG Clarity Networks Inc. announced a non-brokered private placement of up to 37,000,000 common shares at a price of CAD 0.03 per common share for gross proceeds of up to CAD 1,110,000 on November 17, 2023. The transaction will include participation from officers, directors, or other insiders of the company. The common shares issued pursuant to the transaction will be subject to a four month hold period.

The completion of the transaction is subject to customary conditions including approval of the TSX Venture Exchange.