Kure Technologies, Inc. announced a non-brokered private placement of unsecured convertible debentures at a price of CAD 1,000 for gross proceeds of CAD 150,000 on July 21, 2021. The security will have a maturity date of two years from the date of closing and shall bear interest at a rate of 8.5% per annum, each such convertible debenture entitling the holder to receive upon the conversion or deemed conversion thereof without payment of any further consideration one unit at a purchase price equal to CAD 0.15 per unit if converted during the first 12 month period from the closing date and the greater of the market price or CAD 0.15 per unit if converted during any period following the end of the first period. Each unit shall consist of one common share, with one-half of one non-transferable common share purchase warrant. Each whole warrant is exercisable into one common share of the company to the extent exercised at any time prior to 5:00 p.m. (Toronto time) on the date that is 12 months from the warrant issue date upon payment to the company of CAD 0.18 per warrant share. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 4 placees.