Kuuhubb Inc. announced a non-brokered private placement of up to 20,000,000 common shares at a price of CAD 0.05 per share for the gross proceeds of up to CAD 1 million on May 4, 2023. The transaction may include participation from company's insiders. Closing of the transaction, which is subject to a minimum subscription provision of CAD 300,000, may take place in tranches once the minimum subscription level has been reached, and will be subject to receipt of subscriptions and a number of other conditions, including without limitation the receipt of all relevant regulatory and TSXV Exchange approvals or acceptances.

Qualified agents may receive commissions in respect of subscriptions introduced by them by way of cash equal to 6% of funds so introduced. Any securities issued pursuant to the proposed placement will be subject to a regulatory and TSXV restrictive "hold" of four months and one day after the respective closing date.