Venerable Ventures Ltd. (TSXV:VLV) announced non-brokered private placement of up to 4,666,666 units at a price of CAD 0.03 per unit for gross proceeds of CAD 140,000.00 on April 29, 2020. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the company at CAD 0.03 per share for a period of 5 years from the date of closing The transaction is subject to all necessary regulatory approvals, including the approval of TXV venture exchange.