Vancouver, British Columbia--(Newsfile Corp. - September 20, 2023) - Izotropic Corporation (CSE: IZO) (OTCQB: IZOZF) (FSE: 1R3) ("Izotropic" or the "Company"), a medical device company commercializing IzoView, a CT (computed tomography) imaging system, that produces images of anatomy for non-invasive tissue characterization with the first application in breast imaging, announced today that, further to its news release on September 13, 2023, that it has completed a non-brokered private placement financing (the "Offering") of 2,841,325 units of the Company (each, a "Unit") at a price of $0.25 per Unit for gross proceeds of $710,331.25. Each Unit consists of one common share and one transferable warrant (each, a "Warrant"), and each Warrant entitles the holder to purchase one additional share at a price of $0.50 per share for a period of two years from closing of the Offering.