Metaguest.AI Incorporated announced it has completed a non-brokered private placement of 346,667 units at a price of CAD 0.30 per unit for gross proceeds of CAD 104,000 on November 16, 2023. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant is exercisable into common shares at a price of CAD 0.50 per warrant expiring on May 15, 2025.

All securities issued under the offering are subject to a statutory hold period until March 15, 2024.