Perk Labs Announces Closing of Non-Brokered Private Placement and Debt Conversion

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Apr 25, 2023

VANCOUVER, BC / ACCESSWIRE / April 25, 2023 / Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF)(FKT:PKLB) ("Perk" or the "Company") the company that specializes in technology, logistics, and connecting communities, announced today that it has closed a private placement of 11,609,909 units ("Units") at a price of $0.0164 per Unit for aggregate gross proceeds of ~$190,000 (the "Private Placement"). Each Unit consists of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one additional Common Share at a price of $0.05 per Common Share for a period of 36 months. Directors and officers of the Company subscribed for 1,219,514 of the Units.