iSIGN Media Solutions Inc. announced a non-brokered private placement of up to 11,500,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 575,000 on August 30, 2022. Each unit consists of one common share and one common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 0.125 per share for a period of two years from the date of closing.

The securities are subject to a four month hold period. The company will not pay any fees in the transaction.