Devonian Health Group Inc. announced a non-brokered private placement of 1,492,000 units at a price of CAD 0.15 per unit for aggregate gross proceeds of CAD 223,800 on March 13, 2024. Each unit consists of one subordinate voting share of the corporation and one share purchase warrant. Each warrant entitles the holder thereof to purchase one share at an exercise price of CAD 0.20 per share for a period of 24 months from the date of issuance thereof.

No finder?s fees were paid in connection with this Offering. The shares and the warrants issued pursuant to this Offering are subject to a restricted hold period of four months and one day, ending on July 14, 2024, under applicable Canadian securities laws. The Offering remains subject to the final approval of the TSX Venture Exchange.

The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement. The transaction included participation from 5 placees.