Versus Systems Inc (VS)

[H8ster]

Versus Announces Upsize of Previously Announced Private Placement to $4 Million

https://webfiles.thecse.com/investorx/VS/1803211511507142.pdf?bfsB805xbIdpA5Cg5qvEDPCQH65qHBxB" rel="nofollow" target="_blank" >https://webfiles.thecse.com/investorx/VS/1803211511507142.pdf?bfsB805xbIdpA5Cg5qvEDPCQH65qHBxB

VANCOUVER, British Columbia, March 21, 2018 -- Versus Systems Inc. (“Versus” or the “Company”) (CSE:VS)
(CSE:VS.CN) (OTCQB:VRSSF) (FRANKFURT:BMVA) announces that is has amended its letter of engagement with Eight
Capital, as lead agent (the “Lead Agent”), on behalf of a syndicate of agents including Canaccord Genuity Corp., Gravitas
Securities Inc., and Leede Jones Gable Inc. (together with the Lead Agent, the “Agents”), to increase the size of the
previously announced $3,000,000 offering of units of the Company (“Units”) on a “best efforts” private placement basis (the
“Offering”) to $4,000,000.
The purchase price for each Unit shall remain $0.30 (the “Issue Price”). Each Unit shall consist of one common share of the
Company (a “Share”) and one-half of one common share purchase warrant (each full warrant, a “Warrant”). Each Warrant
shall entitle the holder thereof to acquire one Share at a price of $0.40 per Share for a period of 24 months following the closing
date of the Offering.