Ynvisible Announces Closing of First Tranche of Non-Brokered Private Placement

Executive Summary

• Ynvisible Interactive Inc. received conditional acceptance from the TSX Venture Exchange and closed the First Tranche of its non‑brokered private placement, issuing 5,770,000 units at $0.10 per unit for gross proceeds of $577,000.
• Each unit consists of one common share and one transferable warrant exercisable at $0.14 per share for three years; the securities are subject to a statutory hold period expiring July 26, 2026.
• The company obtained a 30‑day extension (to April 24, 2026) to complete additional tranches and plans to use the proceeds for working capital and general corporate purposes.

Key Details

• Units Issued – First Tranche: 5,770,000 units @ $0.10 per unit → $577,000 gross proceeds.
• Unit Composition: 1 common share + 1 transferable common‑share purchase warrant.
• Warrant Terms: Exercise price $0.14 per share; exercisable for three years from the First Tranche closing date.
• Statutory Hold Period: Securities subject to hold until July 26, 2026.
• Use of Proceeds: Working capital and general corporate purposes.
• TSX‑V Extension: Additional 30 days granted, new deadline April 24, 2026, to allow further subscriptions.
• Future Tranches: Company expects to close one or more additional tranches within two weeks, including brokered Delivery‑Against‑Payment (DAP) subscriptions.
• Finder’s Fees: Intended to be paid on certain subscribers in subsequent tranches, permissible under TSX‑V policies.
• Insider Participation: Insiders may subscribe; transactions qualify for MI 61‑101 exemptions because neither fair market value nor consideration exceeds 25 % of market cap.
• U.S. Securities Law Disclaimer: Units not registered under the U.S. Securities Act; no offer or solicitation in the United States.

Notable Quotes

• Ramin Heydarpour, CEO and Executive Chairman: “The successful closing of the First Tranche provides us with immediate capital to advance our growth initiatives while we continue to secure additional funding through subsequent tranches.”