0187279 B.C. Ltd. announced a non-brokered private placement of 100,406,175 common shares at a price of CAD 0.00011 per common share for gross proceeds of CAD 11,044.679 and an offering of 187 unsecured convertible debentures for principal amount of CAD 1,000 for gross proceeds of up to CAD 187,000; for an aggregate gross proceeds of CAD 198,044.679 on March 1, 2022. The securities are being subject to four months and one day hold period. Each unsecured debenture to be issued in the, bearing the interest at an annual rate of 5% payable in arrears in equal installments semi-annually, and maturing on the date that is 24 months from the date of issuance.

The principal sum of the unsecured debentures, or any portion thereof, will be convertible at the holder's option into common shares at CAD 0.00011 at any time prior to the maturity date.