ARCpoint Inc. announced a non-brokered private placement to issue up to 20,000,000 subordinate voting shares of the Company at a price of CAD 0.075 per share for the gross proceeds of up to CAD 1,500,000 on July 5, 2024. All securities issued in connection with the Offering will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. The Offering is subject to all necessary regulatory approvals including acceptance from the TSX Venture Exchange.