Announcement • May 02
Cypher Metaverse Inc. announced that it has received CAD 0.284399 million in funding On May 1, 2026, Cypher Metaverse Inc. closed the transaction. The company issued 861,815 units at a price of CAD 0.33 per unit for gross proceeds of CAD 284,398.95. The common shares and warrants comprising the units are subject to a four-month-and-one-day hold period in accordance with the policies of the Canadian Securities Exchange and applicable securities legislation. The company paid finders' fees to qualified finders of CAD 19,847.82 and issued 60,145 broker warrants. Announcement • Apr 28
Cypher Metaverse Inc., Annual General Meeting, Jun 11, 2026 Cypher Metaverse Inc., Annual General Meeting, Jun 11, 2026. Announcement • Mar 21
Cypher Metaverse Inc. announced that it expects to receive CAD 0.5 million in funding Cypher Metaverse Inc announced a non-brokered private placement to issue 1,515,151 units at an issue price of CAD 499,999.83 on March 20, 2026. Each unit comprising one common share and one common share warrant exercisable for two years at an exercise price of CAD 0.45. Securities issued pursuant to this private placement will be subject to a hold period of four months and a day from closing. Announcement • Dec 23
Cypher Metaverse Inc. announced that it has received CAD 0.247255 million in funding On December 22, 2025, the Cypher Metaverse Inc closed the transaction. In connection with the Financing, the Company paid finder’s fees to qualified finders in the amount of CAD 10,256.40 and issued 31,080 finder’s warrants Announcement • Dec 17
Cypher Metaverse Inc. announced that it expects to receive CAD 0.25 million in funding Cypher Metaverse Inc. announces a non-brokered private placement to issue 757,576 units at a price of CAD 0.33 per unit for gross proceeds of CAD 250,000 on December 16, 2025. Each Cypher Unit will comprise of one common share of the Company and one Cypher Warrant entitling the holder to acquire one additional Cypher Common Share at a price of CAD 0.45 for a period of 2 years following the closing of the Cypher Private Placement. New Risk • Nov 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.0m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (192% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.89m market cap, or US$1.34m). Announcement • Oct 31
Noninvasix, Inc., Investment Arm signed a letter of intent to acquire Cypher Metaverse Inc. (CNSX:CODE.X) in a reverse merger transaction. Noninvasix, Inc., Investment Arm signed a letter of intent to acquire Cypher Metaverse Inc. (CNSX:CODE.X) in a reverse merger transaction on October 30, 2025. It is expected that upon completion of the Transaction, the combined entity (the "Resulting Issuer") will meet the listing requirements for an industrial issuer and constitute a "Reverse Takeover" ("RTO") under the policies of the Canadian Securities Exchange (the "CSE"). Upon the satisfaction or waiver of the conditions set out in the definitive transaction agreement to be entered into by Cypher and Noninvasix (the "Definitive Agreement"), the following, among other things, will be completed in connection with the Transaction: the holders of Noninvasix Common Shares will receive 1 common share of the Resulting Issuer in exchange for each of their Noninvasix Common Shares, (the "Exchange Ratio"); all outstanding Cypher warrants will be replaced with equivalent convertible or exchangeable securities of the Resulting Issuer entitling the holders thereof to acquire common shares of the Resulting Issuer; the management and board of directors of the Resulting Issuer will be determined by Noninvasix and announced in further press releases; and Cypher will change its name to such name as determined by Noninvasix in its sole discretion, in compliance with applicable law and as may be acceptable to the CSE. In connection with and as a condition to the Transaction, Noninvasix intends to complete an equity financing of Noninvasix Common Shares for gross proceeds of a minimum of CAD 4.2 million ($3 million) (the "Private Placement"). The issue price per Noninvasix Common Share will be CAD 0.4. The Company will undertake a non-brokered private placement of up to CAD 250,000, consisting of units issued at CAD 0.33. Each unit will comprise one common share and one 2 year warrant entitling the holder to subscribe for one additional common shares for CAD 0.45. Cypher may agree to lend Noninvasix funds from time to time by way of a secured bridge loan (the "Bridge Loan") at an annual interest rate of 8%.
Completion of the Transaction is subject to the satisfaction of customary closing conditions, including: (i) the satisfactory completion of due diligence by each of Cypher and Noninvasix; (ii) receipt of all required approvals and consents relating to the transaction, including without limitation any approvals of the shareholders of Cypher and Noninvasix as required by the CSE and under applicable corporate or securities laws; (iii) completion of the Private Placement; and (iv) the CSE's approval for listing the shares of the Resulting Issuer. The net proceeds of the Private Placement will be used for working capital and general corporate purposes. The Bridge Loan will be used by Noninvasix for working capital and general corporate purposes. Announcement • Jul 26
Cypher Metaverse Inc. announced that it has received CAD 0.07012 million in funding On July 25, 2025, Cypher Metaverse Inc. closed the transaction. The company announced that it has issued 219,125 units at a price of CAD 0.32 per Unit for aggregate gross proceeds of CAD 70,120. Under the Financing, each Unit consists of one common share and one Common Share purchase warrant. Each Warrant entitles the holder thereof to subscribe for one additional Common Share at a price of CAD 0.40 for a period of two years from the date of closing. In connection with the Financing, the Company paid finder’s fees to qualified finders in the amount of CAD 409.60 and issued 1,280 finder’s warrants. The Finder’s Warrants are subject to the same terms as the Warrants. In accordance with the policies of the Canadian Securities Exchange (the “CSE”) and applicable securities legislation, the Common Shares and Warrants comprising the Units will be subject to a four-month and one-day hold period. Announcement • Jun 04
Cypher Metaverse Inc. announced that it expects to receive CAD 0.25 million in funding Cypher Metaverse Inc. announced a non-brokered private placement to issue 781,250 units at an issue price of CAD 0.32 for gross proceeds of CAD 250,000 on June 3, 2025. Each unit consists of one common share and one common share warrant. Each warrant entitles the holder to subscribe for one additional common share for CAD 0.40 for a period of 2 years from the date of closing. The placement is subject to approval from the CSE. The company may pay qualified finders fees of up to 8% in cash and 8% in brokers warrants. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (204% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.39m market cap, or US$1.01m). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Board Change • Mar 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. President, CEO & Director George Tsafalas is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Feb 19
Cypher Metaverse Inc Appoints Jeff Koyen as Independent Director Cypher Metaverse Inc. announced the appointment of Jeff Koyen to its Board of Directors as an independent director. Mr. Koyen is a journalist, strategic development specialist and early cryptocurrency investor and innovator. He brings to the Company expertise in early-stage startups; software and platform design; blockchain, token and meme coin development and marketing. His current focus is on opportunities at the intersection of cryptocurrency and AI. This addition to the Board coincides with Cypher's renewed commitment to evaluate new opportunities and further development in its virtual lounge, the Company's "home base" within the Sandbox Ecosystem. Board Change • Feb 14
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). President, CEO & Director George Tsafalas is the most experienced director on the board, commencing their role in 2017. Independent Director Brian Keane was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jan 27
Cypher Metaverse Inc. Announces CFO Changes Cypher Metaverse Inc. appointed Michael Hopkinson as Chief Financial Officer after the resignation of Tatiana Kovaleva. Announcement • Jan 08
Cypher Metaverse Inc. announced that it expects to receive CAD 0.939708 million in funding Cypher Metaverse Inc. announced it has arranged a non-brokered private placement LIFE financing of up to 1,978,332 common shares of the company at a price of CAD 0.475 for gross proceeds of CAD 939,707.7 on January 7, 2025. The closing dates of the offering are expected to occur on or about Jan. 31, 2025, or such later date or dates as the company may determine, and are subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval from the Canadian Securities Exchange. The company may pay qualified finders a sales commission of 8% in cash and warrants. Announcement • Nov 14
Agapi Luxury Brands Inc. cancelled the acquisition of Cypher Metaverse Inc. (CNSX:CODE) in a reverse merger transaction. Agapi Luxury Brands Inc. entered into a binding letter of intent to acquire Cypher Metaverse Inc. (CNSX:CODE) in a reverse merger transaction for CAD 5.5 million on May 10, 2023. Agapi Luxury Brands Inc. entered into a binding definitive agreement to acquire Agapi Luxury Brands Inc. in a reverse merger transaction on August 29, 2023. As per the terms of the transaction, CODE will satisfy the purchase price for the transaction by the issuance of 50,000,000 shares at a deemed issue price of CAD 0.10 per share. As a result of the transaction, Agapi shall become a wholly-owned subsidiary of CODE. The current shareholders of Agapi are expected to own 68% while current CODE shareholders will own 21% of the resulting issuer. In connection with and as a condition to the transaction, Agapi intends to complete an equity financing of Agapi Common Shares for gross proceeds of up to CAD 750,000. The Private Placement is intended to be completed prior to or concurrently with closing of the transaction. The Company intends to use the net proceeds of the Offering for general working capital and acquisition of Agapi Luxury Brands Inc. CODE has agreed to lend Agapi CAD 600,000 by way of a secured bridge loan (the "Bridge Loan") at an annual interest rate of 8%. The Bridge Loan will be forgiven by CODE upon completion of the transaction. On January 30, 2024, the secured bridge loan entered between CODE and Agapi on May 10, 2023, has been increased from CAD 600,000 to CAD 950,000 of which CAD 886,692 has been advanced to date to advance Agapi’s business plan and growth initiatives. Following completion of the transaction, Cypher intends to change its name from “Cypher Metaverse Inc.” to “Agapi Luxury Brands Inc.”. Upon completion of the transaction, the Resulting Issuer will be a junior industrial issuer, and its main operating activity will be the creation and development of luxury cigars, maintaining the brand “Freud Cigar Co.”
Completion of the transaction is subject to the satisfaction of customary closing conditions, including the satisfactory completion of due diligence by each of CODE and Agapi; receipt of all required approvals and consents relating to the transaction, including without limitation any approvals of the shareholders of CODE and Agapi as required by the CSE and under applicable corporate or securities laws; completion of the Private Placement; Cypher fulfilling all of the requirements of the CSE and the CSE's approval for listing the shares of the Resulting Issuer. CODE Board unanimously recommends that shareholders vote for the merger. CODE was represented by a special committee made up of the independent directors of Cypher. The special meeting of shareholders of CODE will be held on December 1, 2023. CODE shareholders approved the merger. The closing date for the transaction is October 31, 2023. The transaction could close as late as the Outside Date of December 31, 2023. Odyssey Trust Company acted as registrar and transfer agent for CODE. The CSE has conditionally accepted the Transaction, and the Company’s shareholders approved the transaction on December 1, 2023.
Agapi Luxury Brands Inc. cancelled the acquisition of Cypher Metaverse Inc. (CNSX:CODE) in a reverse merger transaction on November 14, 2023. Announcement • Oct 10
Cypher Metaverse Inc. announced that it has received CAD 0.171425 million in funding On October 9, 2024, Cypher Metaverse Inc. has closed the final tranche. The company has issued 60,000 units for gross proceeds of CAD 5,100. The Company raised a total of CAD 159,525.20, and issued a total of 1,876,767 units pursuant to the Financing. Announcement • Sep 20
Cypher Metaverse Inc. Announces Board Changes Cypher Metaverse Inc. announced that Harrison Ross has resigned as a Director of the Corporation. Michael Hopkinson has been appointed to the Board effective August 16, 2024. Announcement • Aug 16
Cypher Metaverse Inc., Annual General Meeting, Sep 30, 2024 Cypher Metaverse Inc., Annual General Meeting, Sep 30, 2024. Announcement • Aug 07
Cypher Metaverse Inc. announced that it expects to receive CAD 1 million in funding Cypher Metaverse Inc. announced a non-brokered private placement of up to 11,764,705 units at a price of CAD 0.085 per unit for aggregate gross proceeds of CAD 999,999.925 on August 6, 2024. Each unit will be comprised of one common share and one common share warrant. Each warrant entitles the holder to subscribe for one additional common share for CAD 0.15 for a period of 2 years from the date of closing, subject to the corporation’s option to accelerate the expiry date if the stock trades at CAD 0.20 for 10 trading days. The company may pay qualified finders fees of up to 8% in cash and 8% in brokers warrants.
On the same day, the company issued 1,357,061 units at a price of CAD 0.085 per unit for aggregate gross proceeds of CAD 115,350.185 in its first tranche closing. The securities issued pursuant to this tranche are subject to trading restrictions until December 7, 2024. Announcement • Dec 29
Cypher Metaverse Inc. announced that it has received CAD 0.279 million in funding On December 28, 2023, Cypher Metaverse Inc. closed the transaction. The company issued 2,325,000 units at a price of CAD 0.12 per unit for gross proceeds of CAD 279,000. Announcement • Dec 16
Cypher Metaverse Inc. announced that it expects to receive CAD 0.4 million in funding Cypher Metaverse Inc announces non-brokered private placement of 3,333,333 units at an issue price of CAD 0.12 per unit for gross proceeds of CAD 400,000 on December 15, 2023. Each unit consists of one common share and one half of a common share warrant. Each whole warrant entitles the holder to subscribe for one additional common share for CAD 0.15 for a period of 2 years from the date of closing, subject to the Corporation’s option to accelerate the expiry date if the stock trades at CAD 0.20 for 10 trading days. The company will pay qualified finders fees of up to 8% in cash and 8% in brokers warrants. Announcement • Sep 23
Cypher Metaverse Inc., Annual General Meeting, Dec 01, 2023 Cypher Metaverse Inc., Annual General Meeting, Dec 01, 2023. Announcement • May 14
Cypher Metaverse Inc., Annual General Meeting, Jul 18, 2022 Cypher Metaverse Inc., Annual General Meeting, Jul 18, 2022. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Morie Shacker was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Feb 24
Codebase Ventures Inc. announced that it expects to receive CAD 2 million in funding Codebase Ventures Inc. announced a non-brokered private placement of units at a price of CAD 0.07 per unit for gross proceeds of up to CAD 2,000,000 on February 23, 2022. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.09 for a period of two years from the date of closing, subject to the option of the Company to accelerate the expiry date in the event that its shares trade at CAD 0.15 or more for 10 consecutive days.
On the same date, the company has issued 13,199,999 units for gross proceeds of CAD 923,999.50 in its first tranche. The company paid CAD 31,200 in cash and issued 445,714 warrants on the same terms as noted above to a qualified finder. The securities issued pursuant to this tranche are subject to trading restrictions until June 24, 2022. Announcement • Feb 17
Codebase Ventures Inc Appoints Mr. Manan Mehta as Blockchain Engineer and Entrepreneur, as Senior Technology Advisor Codebase Ventures Inc. announced that the Company's has appointed Mr. Manan Mehta, blockchain engineer and entrepreneur, as Senior Technology Advisor.Co-Founder and CTO, Pattern - a supplier commit labour marketplace that connects thousands of merchants with blue collar workers in real time. With over 65 employees and $10+ million raised, Pattern customers include some household names like DHL, Zara, Radial, Hudson, P&G etc. Software Engineer, Stripe - a technology company that builds economic infrastructure for the internet. Businesses of every size - from new startups to public companies - use Stripe to accept payments and manage their businesses online. Senior Blockchain Engineer, Fansunite - a technology company in the sports and gaming domain, focusing on technology related to regulated and lawful online sports betting, esports betting, casino and fantasy. Announcement • Sep 26
Codebase Ventures Inc. announced that it expects to receive CAD 2 million in funding Codebase Ventures Inc. announced a non-brokered private placement of units at a price of CAD 0.105 per unit for gross proceeds of up to CAD 2,000,000 on September 24, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.15 for a period of two years from the date of closing, subject to the option of the Company to accelerate the expiry date in the event that its shares trade at CAD 0.40 or more for 10 consecutive days.
On the same date, the company has issued 6,075,000 units for gross proceeds of CAD 637,875 in its first tranche. The company paid CAD 21,840 in cash and issued 208,000 warrants on the same terms as noted above to a qualified finder. The securities issued pursuant to this tranche are subject to trading restrictions until January 25, 2022. The second tranche closing will take place on or before October 4, 2021. Recent Insider Transactions • Apr 05
Head of Investor Relations & Director recently sold CA$54k worth of stock On the 31st of March, Brian Keane sold around 135k shares on-market at roughly CA$0.40 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$61k. Insiders have been net sellers, collectively disposing of CA$131k more than they bought in the last 12 months. Recent Insider Transactions • Apr 03
Head of Investor Relations & Director recently sold CA$54k worth of stock On the 31st of March, Brian Keane sold around 135k shares on-market at roughly CA$0.40 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$61k. Insiders have been net sellers, collectively disposing of CA$131k more than they bought in the last 12 months. Announcement • Mar 17
Codebase Ventures Inc. Names Jacob Chernoff as Strategic Advisor Codebase Ventures Inc. announced the company has engaged Jacob Chernoff to assist with their ongoing investments and operations within the Bitcoin Mining and Blockchain ecosystem. In addition, Mr. Chernoff will serve as a Strategic Advisor to the company, joining Mr. Jeff Koyen and Mr. Laurent Zhang. Announcement • Mar 12
Codebase Ventures Inc. Update Improved Version of CryptoKitties Codebase Ventures Inc. update Arcology's previously announced news of its improved version of CryptoKitties. CryptoKitties is the most popular game on the Ethereum blockchain, but its initial success caused network slowdowns and inflated transaction fees. Arcology's version of CryptoKitties, created as an internal benchmarking tool, outperforms the original by a factor of 1,000 to one. During their most recent benchmarking tests, Zhang and his team documented their
application's performance. Two videos have been posted to the YouTube link on the Arcology website, https://arcology.network. In one video, Zhang's team demonstrates how the Arcology testnet handles token transfer transactions, which are commonly seen in applications like online payments and DeFi (decentralized finance). The network reached a top transactions per second ("TPS") of more than 40,000. In the other video, the Arcology team simulates approximately nine months of CryptoKitties gameplay by generating 2.5 million transactions running on 32 Ethereum Virtual Machines, or EVMs. During the test, the application's one-minute moving average TPS reached a maximum TPS of 28,571. Recent Insider Transactions • Feb 28
Chief Financial Officer recently sold CA$61k worth of stock On the 19th of February, Tatiana Kovaleva sold around 100k shares on-market at roughly CA$0.61 per share. This was the largest sale by an insider in the last 3 months. Tatiana has been a seller over the last 12 months, reducing personal holdings by CA$78k. Announcement • Feb 24
Codebase Ventures Inc. Announces its Version of Ethereum-Based Cryptokitties Game Outperforms by 1000 to One Codebase Ventures Inc. announced that Arcology has released its improved version of CryptoKitties, the most popular game on the Ethereum blockchain. The game has been optimized to take advantage of Arcology's processing power and native ability to dynamically adjust to network demands. To simulate approximately nine months of gameplay, Zhang's team created five million user accounts that generated 2.5 million transactions running on 32 Ethereum Virtual Machines, or EVMs. Laurent Zhang, Arcology's President and Founder has announced that the game outperformed the original Ethereum-based CryptoKitties by a factor of 1,000-to-one. In this demonstration, Arcology's game posted 30,000 transactions per second (TPS). By way of contrast, Ethereum's original network handles just 15 to 20 transactions per second. The long- awaited Ethereum 2.0 -- now, not expected until 2022 -- is forecast to process at most 3,000 transactions per second. Following on the successful deployment of Testnet 2.0, the release of Arcology's LightspeedKitties represents significant progress toward Arcology's goal of capturing market share from Ethereum. Recent Insider Transactions • Feb 21
Chief Financial Officer recently sold CA$61k worth of stock On the 19th of February, Tatiana Kovaleva sold around 100k shares on-market at roughly CA$0.61 per share. This was the largest sale by an insider in the last 3 months. Tatiana has been a seller over the last 12 months, reducing personal holdings by CA$78k. Is New 90 Day High Low • Feb 18
New 90-day high: CA$0.73 The company is up 1,360% from its price of CA$0.05 on 19 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 29% over the same period. Announcement • Feb 04
Codebase Ventures Inc. announced that it has received CAD 0.637092 million in funding On February 3, 2021, Codebase Ventures Inc. (CNSX:CODE) closed the transaction. The company issued 3,981,825 units for gross proceeds of CAD 637,092. The company paid finders fees of CAD 30,094.40 and 188,110 broker warrants. The insiders subscribed for 225,000 units. The warrants will expire until February 3, 2023. All securities issued are subject to 4 months and a day hold period until June 4, 2021 Is New 90 Day High Low • Jan 08
New 90-day high: CA$0.36 The company is up 700% from its price of CA$0.045 on 09 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 17% over the same period. Announcement • Jan 06
Codebase Ventures Inc. announced that it expects to receive CAD 2 million in funding Codebase Ventures Inc. (CNSX:CODE) announced non-brokered private placement of up to 12,500,000 units at a price of CAD 0.16 per unit for gross proceeds of up to CAD 2,000,000 on January 5, 2021. Each unit consists of one common share and a share purchase warrant exercisable at CAD 0.22 per share for a period of 2 years from closing. The company reserves the right to accelerate expiry of the warrants if the shares trade at or above CAD 0.30 for a period of 10 days. The company will pay finder's fees of 8% of gross proceeds in cash and issue broker warrants for 8% securities issued. Is New 90 Day High Low • Dec 23
New 90-day high: CA$0.28 The company is up 460% from its price of CA$0.05 on 23 September 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 30% over the same period. Announcement • Dec 06
Codebase Ventures Inc. announced that it expects to receive CAD 2 million in funding Codebase Ventures Inc. (CNSX:CODE) announced a non-brokered private placement for gross proceeds of up to CAD 2,000,000 on December 4, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.075 for a period of two years from the date of closing, subject to the option of the Company to accelerate the expiry date in the event that its shares trade at $0.15 or more for 10 consecutive days. The Company paid CAD 18,000 in cash and issued 160,000 warrants on the same terms as noted above to qualified finders. The Company is expecting to complete the financing by December 16, 2020.
On The same day, the company issued 13,740,000 units at a price of CAD 0.05 per unit, for gross proceeds of CAD 687,000. Securities issued pursuant to this tranche are subject to trading restrictions until April 5, 2021. Announcement • Aug 11
Codebase Ventures Inc. announced that it has received CAD 0.22825 million in funding Codebase Ventures Inc. (CNSX:CODE) announced non-brokered private placement of 3,804,166 units at a price of CAD 0.06 per unit for gross proceeds of CAD 228,249.96 on August 7, 2020. Each unit consists of one common share and one share purchase warrant exercisable at CAD 0.075 per share for a period of 2 years from closing. The company has issued 2,250,000 units in its first tranche for gross proceeds of CAD 135,000 and issued 1,554,166 units in its second tranche for gross proceeds of CAD 93,249.96. The securities issued in the second tranche are subject to a hold period until December 8, 2020. The company has paid a finders' fee of CAD 3,500 and issued 55,833 broker warrants with respect to the first tranche. 