Veji Holdings Ltd. announced a non-brokered private placement of up to 1,700,000 common shares at a purchase price of CAD 0.05 per common share to raise total gross proceeds of up to CAD 85,000 on February 9, 2024. The company will pay finders' fees to eligible finders in connection with the Placement, subject to compliance with applicable securities laws and the policies of the CSE. All securities issued to Canadian investors in connection with the Placement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation in Canada.

Closing of the Placement is expected to occur on or about the week of February 19, 2024. The transaction is subject to obtaining all necessary corporate and regulatory approvals, including approval of the Canadian Securities Exchange.