Fineqia Announces Proposed Private Placement and Debt Settlement

Fineqia International Inc. is pleased to announce that the Company has arranged a non-brokered private placement (the "Private Placement") of up to 66,666,666 units of the Company ("Units") to be sold at a price of $0.015 per Unit to raise gross proceeds of up to $1,000,000, subject to regulatory approval. Each Unit consists of one common share and one share purchase warrant exercisable for five years at $0.05 per share, provided that in the event the closing price is $0.20 or greater per share during any 20 consecutive trading day period at any time subsequent to four months and one day after the closing date, the warrants will expire on the 30th day after the date on which the Company provides notice of such accelerated expiry to the warrant holders.

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