Plank Ventures Ltd. closed a private placement of promissory notes for gross proceeds of CAD 400,000 on June 23, 2023. The company issued a note for gross proceeds of CAD 350,000 to existing investor, Lanebury Growth Capital Ltd. The note bear an annual interest rate of 12% and mature on September 30, 2023. The company also issued a note for gross proceeds of CAD 50,000 to existing investor, Phoenix Ventures, Inc. The note bear an annual interest rate of 10% and mature on September 30, 2023.