X-Terra Resources Inc. (TSXV:XTT) announced a non-brokered private placement of up to 5,000,000 units at CAD 0.2 per unit for gross proceeds of up to CAD 1,000,000 on January 10, 2018. Each unit consists of one common share and one-half share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share at CAD 0.3 per share for a period of 24 months from the date of closing.