Black Tusk Resources Inc. (CNSX:TUSK) announced a private placement of 3,333,333 units at a price of CAD 0.15 per unit for gross proceeds of CAD 500,000 on January 2, 2018. Each unit consists of one common share and one half of one share purchase warrant. Each warrant will entitle the holder to purchase an additional share at a price of CAD 0.20 per share for a two-year term.