Atoro Capital Corp. (TSXV:TTO.H) announced a non-brokered private placement of unsecured convertible notes for gross proceeds of up to CAD 150,000 on January 16, 2017. The notes will have a fixed coupon rate of 6% per annum payable upon maturity and are convertible into common shares at a fixed conversion price of CAD 0.20 per share for a period of 24 months. The transaction is subject to TSX Venture Exchange approval.