AMPD Ventures WKN: A2PTZ0 ISIN: CA00175D1006 Forum: Aktien Thema: Hauptdiskussion

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Vancouver, British Columbia – March 29th, 2021 - AMPD Ventures Inc. (“AMPD” or the “Company”, CSE: AMPD; FRA: 2Q0) announces that it intends to complete a private placement through which the Company is expected to issue and sell up to 12,000,000 units (the “Units”) at a price of CAD $0.25 per Unit for aggregate proceeds of up to CAD $3,000,000 (the “Private Placement”). Each Unit will be comprised of one common share of the Company (each a ‘Share’) and one common share purchase warrant (each a “Unit Warrant” and, collectively, the “Unit Warrants”), with each Unit Warrant entitling the holder to subscribe for one Common Share (each a “Warrant Share” and, collectively, the “Warrant Shares”) in the capital of the Corporation at an exercise price of CAD $0.40 per Warrant Share for a period of 24 months following the date of the closing of the Private Placement. The expiry date of the Unit Warrants may be accelerated at the option of the Company if, at any time prior to the expiry of the Unit Warrants, the volume weighted average trading price of the underlying Common Shares on the Canadian Securities Exchange (or such other recognized Canadian stock exchange on which the Common Shares are then listed) is or exceeds CAD $0.75 for a period of ten (10) consecutive trading days. As part of this transaction, the Company may enter into finder’s fee agreements with certain finders, paying to such finders a fee comprised of either i) a cash commission of up to 7% of the gross proceeds raised by finders, and that number of finder’s warrants, with the same terms as the Unit Warrants, equal to up to 7% of the number of Units sold on the portion of the Private Placement raised by finders, or ii) issue Shares to finders equal to up to 7% of the number of Units sold on the portion of the Private Placement raised by finders at an issue price of CAD $0.25 per Share. The Company intends to use the proceeds from the Private Placement for the deployment of AMPD infrastructure in additional geographic locations, to increase headcount, and for general working capital purposes. The Private Placement is subject to regulatory approval and all securities issued will be subject to a four-month hold period.

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AMPD Joins NVIDIA Cloud Service Provider Partner Program - Enhances GPU Cloud Service Offerings for Low-Latency Applications Across Media & Entertainment, Machine Learning

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