ThreeD Capital Inc. announced a private placement of up to 5,574,100 units at a price of CAD 0.27 per unit for total gross proceeds of CAD 1,505,007 on July 5, 2024. Each unit is comprised of one common share and one common share purchase warrant. Each whole warrant entitles the holder thereof to acquire one common share of the company at an exercise price of CAD 0.40 per common share for a period of 36 months.

No commission or finders? fees will be paid as part of the Private Placement. All securities issued and issuable in connection with the Private Placement will be subject to a four month and a day hold period.