Big Sky Petroleum Corporation (TSXV:BSP.H) announced a non-brokered private placement of 7,893,333 units at a price of CAD 0.075 per unit for gross proceeds of CAD 592,000 on October 26, 2018. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.15 per share for a period of 12 months from the date of issuance. On November 20, 2018, the company announced that it has reduced the exercise price of the warrants from CAD 0.15 per share to CAD 0.10 per share.