SWMBRD Sports Inc. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.10 per Unit for gross proceeds of up to CAD 1,000,000 on May 3, 2022. Each unit is comprised of one common share and one common share purchase warrant. Each Warrant will entitle the holder to acquire one additional common share at a price of CAD 0.20 per share, for a period of 12 months from the date the Units are issued.

The company may increase or decrease the size in the transaction. All securities issued transaction will be subject to applicable resale restrictions, including a four month hold from the date of issuance.