AREV Brands International Ltd. (CNSX:AREV) announced a non brokered private placement of up to 1,000,000 units at a price of CAD 0.10 per unit for gross proceeds of up to CAD 100,000 on January 6, 2021. Each unit consists of one share and one common share purchase warrant. Each warrant is exercisable at a price of CAD 0.15 per share for 12 months from the date of issuance. The transaction included participation from returning strategic investor.