On January 27, 2022, Martello Technologies Group Inc. completed a non-brokered private placement of 14,370,000 common shares to certain Martello insiders at a price of $0.10 per common share, representing a premium of over 80% to the closing price of the common shares on January 26, 2022, for aggregate gross proceeds of approximately $1.4 million.
Cassels acted for Martello.