Rotation Minerals Ltd. (TSXV:ROT) announced a best efforts basis private placement of 3,000,000 flow-through shares at CAD 0.25 per share for proceeds of up to CAD 750,000 and up to 3,000,000 non-flow through units at CAD 0.25 per unit for gross proceeds of up to CAD 750,000 for gross proceeds of CAD 1,500,000 on January 16, 2017. Each non-flow through unit consists of one common share and one-half transferable share purchase warrant. Each warrant entitles the holder to acquire additional common share at CAD 0.40 per share for a period of two years. The transaction will include participation from certain directors and officers of the company. The company may pay finder’s fee.