Vancouver, British Columbia--(Newsfile Corp. - January 10, 2019) - Ynvisible Interactive Inc. (TSXV: YNV) (OTCQB: YNVYF) (the "Company" or "Ynvisible") announces that it has closed a non-brokered private placement of 3,339,200 units of the Company (the "Units") at $0.30 per Unit for gross proceeds of $1,001,760 (the "Offering").
Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of a share purchase warrant (the "Warrant"). Each whole Warrant will entitle the holder to purchase one additional common share in the capital of the Company (a "Warrant Share") at a price of $0.60 per Warrant Share for a period of three years from the closing of the Offering.