11:16:57 EDT Sat 01 Oct 2022
Enter Symbol
or Name

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Potent Ventures Inc
Symbol POT
Shares Issued 99,253,230
Close 2022-05-20 C$ 0.02
Recent Sedar Documents

ORIGINAL: Potent Ventures closes $365,000 private placement

2022-05-20 20:45 ET - News Release

Received by email:

File: Attachment 2022-05-20 - Potent Ventures - Close of PP FINAL.pdf

                      POTENT VENTURES CLOSES

VANCOUVER, May 20 2022   Potent Ventures Inc. ("Potent" or the "Company") (CSE: POT - FSE:
0OS2 - OTCQB: POTVF) is pleased to announce that it has closed Non-Brokered private placement (the
"Offering") issuing a total of 8,914,999 Units at a price of $0.03 per Unit for aggregate proceeds of

Each Unit is comprised of one common share (a "Share") and one a transferrable Share purchase warrant
(a "Warrant") of the Company. Each Warrant will entitle the holder to purchase an additional Share at a
price of $0.05 per for a 2-year period after the Closing Date. All the securities issued are subject to a four
month and a day hold period from the date of issuance (the "Warrant Expiry Date").

Insiders of the Company purchased an aggregate of 1,000,000 Units in the Poffering. The Company has
relied on the exemptions from the valuation and minority shareholder approval requirements of
Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-
101") contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101 in respect of such insider participation.

This news release does not constitute an offer of securities for sale in the United States. The securities
being offered have not been, nor will they be, registered under the United States Securities Act of 1933,
as amended, and such securities may not be offered or sold within the United States absent U.S.
registration or an applicable exemption from U.S. registration requirements.

The Company intends to use the proceeds raised from the Offering for General capital purposes XXXXXX

Charlie Lamb, President & CEO, Director
Telephone: 1(236) 317-2812 - Toll free 1(888) 556-9656
E-mail: investors@potent-ventures.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of
this release.

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