Clarocity Corporation announced that it has closed the third tranche of the debt facility provided by StableView Asset Management on behalf of managed accounts and funds with gross proceeds of $300,000. Clarocity issued an aggregate amount of $330,000 in principal amount of debentures ("Debentures") at a price of $100 per $100 principal amount of Debenture. The Debentures will bear an interest rate of 24% per annum payable quarterly in common shares ("Common Shares") or cash, at the option of the holder. The Corporation or StableView may on 60 days notice require repayment of the outstanding Debentures together with any accrued and/or unpaid interest. The Debentures have been guaranteed by the Company's wholly-owned subsidiary, Valuation Vision Inc. (the "Guarantor"), and have been secured against all of the Company's and the Guarantor's property, assets and patents and will be registered in all of the jurisdictions in which the Company and the Guarantor carry on business. In addition, the Company issued 900,000 common share purchase warrants ("Warrants"). Each Warrant entitles the holder thereof to purchase one Common Share in the capital of the Company at $0.10 per Common Share, exercisable until November 14, 2018. The Company also paid a drawdown fee of 10% of the amount drawn under the Facility which has been added to the principal amount of Facility 3.0.