Valdor Technology International Inc. announced a non-brokered private placement of 16,666,667 units at a price CAD 0.3 per unit for gross proceeds CAD 5,000,000 on November 18, 2021. Each warrant will consist of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price CAD 0.75 per share for a period of 2 years from the date of closing. The transaction is subject to the acceptance of TSX Venture Exchange.