ApartmentLove Inc. announced a non brokered private placement of up to 3,500,000 units at a price of CAD 0.15 per unit, for gross proceeds up to a maximum of CAD 525,000 on July 13, 2023. Each unit will be comprised of: (i) one common share and (ii) one half of one common share purchase warrant. Each warrant shall be exercisable to purchase one additional common share at an exercise price of CAD 0.25 for a period of two years.

The transaction is expected to close in Q3, 2023.