SponsorsOne Inc. announced a non-brokered private placement of 305,202,187 common shares at a price of CAD 0.01 per share for gross proceeds of CAD 3,052,022, non-convertible promissory notes for gross proceeds of CAD 5,40,895; for aggregate gross proceeds of CAD 3,592,917 on February 21, 2022. The non-convertible promissory notes bear interest at 6% per annum repayable on dates ranging from March 24, 2022 to August 18, 2022.