TORONTO, Oct. 29, 2020 /CNW/ – Newtopia Inc. (“Newtopia” or the “Company“) (TSXV: NEWU), a tech-enabled disease prevention company focused on healthy habit change, is pleased to announce that it has closed its previously announced bought deal private placement offering of 7,900,000 units of the Company (the “Units“) at a price of $0.95 per Unit (the “Offering Price“) for aggregate gross proceeds of $7,505,000 (the “Offering“).