Glenbriar Technologies Inc. (CNSX:GTI.X) announced a non-brokered private placement of 6,666,665 units at an issue price of CAD 0.03 per unit for gross proceeds of CAD 199,999.68 on May 17, 2021. Each unit consists of one common share in the equity of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the company at a price of CAD 0.05 per share until May 7, 2023. The securities to be issued are subject to a hold period of four months and a day until September 7, 2021. The company paid finders fees to a qualified finder of CAD 12,000 and issued 400,000 broker warrants.