Advantagewon Oil Corporation (CNSX:AOC) announced a private placement of units at a price of CAD 0.30 per unit for gross proceeds of between CAD 10,000,000 and CAD 20,000,000 on May 13, 2021. Each unit will consist of one common share and a warrant. Each warrant will entitle the holder thereof to acquire an additional common share at a price of CAD 0.75 per share for a period of two years.