ATW Tech Inc. announced a private placement of common shares for gross proceeds of up to CAD 10,000,000 on June 21, 2022. The price per Share issued under this Private Placement will be the greater of: (A) the average trading price of the Shares on the TSX Venture Exchange for the 15 trading days immediately preceding the closing date of the Transaction. The transaction is expected to close no later than October 31, 2022 and is subject to the approval of the TSX-V Venture Exchange.