Value Exchange International, Inc. announced that it has entered into an agreement to issue an unsecured convertible loan for the gross proceeds of $1,000,000 on December 14, 2023. The transaction will include participation from returning investor, Hapi Metaverse Inc. The loan will have a coupon rate of 8%, the loan will be convertible into common shares of the company at a conversion price of $0.045. The company will raise $1,100,000 pursuant to regulation D.