ApartmentLove Inc. announced a non-brokered private placement of up to 7,500,000 units at a price of CAD 0.04 per unit for aggregate gross proceeds of up to CAD 300,000 on March 28, 2024. Each unit will comprised of one common share and one common share purchase warrant. Each warrant shall be exercisable to purchase one additional common share at an exercise price of CAD 0.05 for a period of two years from the date of issuance of the warrant.

All the securities issued pursuant to the private placement will be subject to a four-month restricted resale period under Canadian securities laws. The private placement is subject to all necessary regulatory and stock exchange approvals, including, but not limited to, approval of the Canadian Securities Exchange.