Dunnedin Ventures Inc. (TSXV:DVI) announced a private placement of 1,750,000 common shares at CAD 0.22 per share for gross proceeds of CAD 385,000 on January 3, 2017. All securities issued in connection with the transaction are subject to a four-month-and-one-day statutory hold period. The company paid finder's fee of CAD 30,800 to Qwest Investment Fund Management Ltd. and issued 116,667 warrants to Probity Capital Corporation and 116,23,333 warrants to Glenn MacNeill. Each warrant is exercisable to acquire one non-flow-through share at a price of CAD 0.22 per share for a period of thirty-six months. The transaction included participation from one placee.