ThreeD Capital Secures $700,000 in Private Placement Financing

ThreeD Capital Inc. has completed a private placement financing, raising $700,000 by issuing 7,000,000 units at $0.10 each. Each unit includes one common share and one warrant, allowing the purchase of additional shares at $0.20 for five years. Insiders of the company plan to buy 2,000,000 units as part of this financing. This participation is classified as a related party transaction, but the company is exempt from certain approval requirements due to the size of the transaction relative to its market capitalization. The funds from the private placement will be used for general working capital and investments. All securities issued will be subject to a hold period until July 14, 2025.