Israel Capital Canada Corp. (TSXV:IL.P) announced a private placement of units at a price of CAD 0.50 per unit for gross proceeds of minimum CAD 1,500,000 up to maximum of CAD 2,000,000 on October 13, 2020. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase a common share at a price of CAD 1 per share for a period of 24 months. The transaction is subject to approval of TSX Venture Exchange.