Bion Environmental Technologies, Inc. (OTCPK:BNET) announced announced a private placement of 2,000,000 units at a price of $0.50 per unit for gross proceeds of $1,000,000 on January 15, 2019. Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant will entitle the investor to acquire an additional share of the company at an exercise price of $0.75 per share until December 31, 2020. The company will issue securities pursuant to exemption provided under Regulation D.