Vice Health and Wellness Inc. announced a private placement that it will issue 2,000,000 common shares at a price of CAD 0.05 per share for the aggregate gross proceeds of CAD 100,000 on July 12, 2023. The company intends to engage the consultant to oversee and implement the company?s corporate AI strategy. Pursuant to the policies of the Canadian Securities Exchange, 75% of the consultant shares will be subject to a hold period of four months commencing on the date of issuance and the remainder will not be subject to a hold period.

The transaction is subject to the approval of the CSE Exchange.