Clarocity Corporation (TSXV:CLY) announced that it has issued a promissory note for gross proceeds of CAD 700,000 to new investor iLOOKABOUT Corp. (TSXV:ILA) in bridge round of funding on November 16, 2018. The promissory note is senior, secured, non-interest bearing and payable on demand.

The note will rank in priority to company's existing secured debentures.