Consolidated HCI Holdings Corporation (TSXV:CXA.H) announced a private placement of unsecured promissory notes for gross proceeds of approximately CAD 345,000 on January 14, 2020. The notes bear an interest at the annual rate of 4% and all all accrued and unpaid interest being due and payable on January 14, 2021. All securities issued pursuant to the offering are subject to a statutory hold period expiring May 15, 2020. The company has issued securities pursuant to exemption provided under Regulation D.