Facedrive Inc. Announces Closing of Second Tranche of Non-brokered Private Placement

TORONTO–(BUSINESS WIRE)–Facedrive Inc. (“Facedrive” or the “Company”) (TSXV: FD) today announces that the closing of the second tranche of its non-brokered private placement for 368,548 common shares of the Company (the “Common Shares”) for aggregate gross proceeds of $3,316,932. All Common Shares issued in the offering are subject to a hold period expiring four months and a day from their date of issuance in accordance with applicable securities laws.