Vatic Ventures Corp. (TSXV:VCV) announced a private placement of 5,000,000 units at CAD 0.10 per unit for gross proceeds of CAD 500,000 on July 4, 2012. Each unit consists of one common share and one-half of one share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the company at CAD 0.15 per share for the first year and at CAD 0.20 per share for the second year. In the event when the closing trading price for the common shares of the company are at or above CAD 0.30 for 10 consecutive trading days, the has the option to accelerate the expiry date of the warrants. The Company may issue a press release that it intends to accelerate the expiry date of the warrants to a date that is the later of 30 days from either the date of the press release or the date that all hold periods attaching to the shares comprising the units expires. The company may pay finders' fees in connection with the transaction.

On October 24, 2012, the company announced that it will issue 4,402,100 units in its first tranche. The first tranche will see participation from 17 investors including Nasim Tyab who will purchase 240,000 units. The company will pay cash finder's fee of CAD 15,000 and will issue 150,000 agent's warrants to Beaufort International Associates Limited. The company will also pay cash finder's fee of CAD 3,410 to Jose Raul Mena, and CAD 3,400 to Mike Hamilton, and CAD 2,100 to Bob Rosenblatt.

On January 11, 2013, Vatic Ventures Corp. closed the transaction. The company issued 4,452,100 units for gross proceeds of CAD 445,210. The company has paid finder's fee of CAD 23,810. The securities issued have a hold period from trading as follows; 4,202,100 until March 29, 2013 and 250,000 until April 20, 2013.