Plank Ventures Ltd. announced that it has issued a promissory notes for gross proceeds of CAD 250,000 on December 14, 2022. The notes bear an annual interest rate of 10% and matures on September 30, 2023, at which date the principal and interest are due in full. The company issued a note for gross proceeds of CAD 200,000 to Code Consulting Ltd. and a note for gross proceeds of CAD 50,000 to Phoenix Ventures, Inc. The company has at least one independent director, and the independent directors have approved the loan from Code Consulting Ltd. and Phoenix Ventures, Inc.