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Hello Pal International Inc.

09:21 AM EST - Hello Pal International Inc. : Announced that it has closed its previously announced brokered private placement of subscription receipts with Canaccord Genuity Corp., acting as sole agent and bookrunner. Pursuant to the Offering, the Company sold 5,800,000 Subscription Receipts, at a price of C$1.25 per Subscription Receipt, for aggregate gross proceeds of C$7,250,000. Hello Pal International Inc. shares C.HP are trading unchanged at $1.24.