Plank Ventures Ltd. closed a private placement of promissory notes for gross proceeds of CAD 700,000 on September 2, 2022. The notes bear an annual interest rate of 10% and mature on December 31, 2022. The company issued a note for gross proceeds of CAD 600,000 to Lanebury Growth Capital Ltd. and a note for gross proceeds of CAD 100,000 to Phoenix Ventures, Inc.