Sceptre Ventures Completes Private Placement Offering

Sceptre Ventures Inc., based in Vancouver, has announced the successful completion of its non-brokered private placement. The company issued a total of 12,008,200 units, with each unit priced at $0.01, generating gross proceeds of $120,082. Each unit includes one common share and one transferable share purchase warrant.

The warrant grants the holder the right to purchase an additional share within 12 months at an exercise price of $0.05. The funds from this private placement are earmarked for identifying and evaluating a proposed qualifying transaction as per TSX Venture Exchange Policy 2.4, along with general working capital.

An insider participated in the placement, executing a "related party transaction" exempt from the usual regulatory requirements. Issued securities are under a hold period until July 29, 2025, and this placement has not been registered under U.S. Securities laws, thus not intended for U.S. investors.