TORONTO--(BUSINESS WIRE)--Facedrive Inc. (“Facedrive” or the “Company”) (TSXV: FD) (OTCQX: FDVRF), a Canadian “people-and-planet first” tech ecosystem, is pleased to announce that it has closed its previously-announced non-brokered private placement (the “Private Placement”). Pursuant to the Private Placement, the Company issued 7,343,750 units (the “Units”) at a subscription price of $0.64 per Unit, for aggregate gross proceeds to the Company of $4,700,000. All subscriptions came from directors of the Company.