Vice Health and Wellness Inc. announced a private placement of 5,000,000 common share at an issue price of CAD 0.03 per unit for the gross proceeds of CAD 150,000 on June 21, 2023.The transaction is being completed pursuant to the Listed Issuer Financing Exemption, the securities issued in the transaction will not be subject to a hold period pursuant to applicable Canadian securities laws. The transaction is subject to certain condition and approval from the Canadian Securities Exchange. The transaction is expected to close on July 14, 2023.