Broomloan Road Capital Corp. announced a non-brokered placement of 1,945,250 class A common shares at an issue price of CAD 0.10 per share for gross proceeds of CAD 194,525 on July 31, 2023.

On the same date, the company issued 125,625 shares to returning investor, Copland Road Capital Corporation for more than 2% stake. The company entered into a subscription agreement with Copland Road Capital Corporation for the same.