SolidusGold Inc. (TSXV:SDC) announced a non-brokered private placement of 3,571,429 units at a price of CAD 0.105 per unit for gross proceeds of CAD 375,000 on January 26, 2018. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at CAD 0.14 per warrant share for a period of 24 months. The transaction may include participation from certain directors and officers of the company. The transaction is subject to final approval from the TSX Venture Exchange. All securities are subject to a four-month hold period from the date of closing.