AMI Resources Inc. (TSXV:AMU) announced a non-brokered private placement of 15,000,000 units at a price of CAD 0.02 per unit for gross proceeds of up to CAD 300,000 on November 26, 2020. Each unit consists of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.05 per share for a period of two years from the date of closing.

All securities issued will be subject to a four month and a day hold period from the date of issuance. The transaction is subject to all necessary corporate and regulatory approvals including TSX Venture Exchange approval.