Viabuilt Ventures Inc. (OTCPK:VBVT) announced a private placement of one convertible promissory note for gross proceeds of $383,613 on December 26, 2018. The transaction involved participation from an individual investor Thomas Wenz. The note is issued at face value. The note has a maturity date of December 26, 2021 and bears interest at a rate of 12% per annum. The note is convertible into common shares of the company at a conversion price of a 25% discount to the closing market price as of the specified conversion date. The company will issue the note pursuant to exemption provided under Regulation D.