FinCanna Capital Corp. announces a non-brokered private placement of secured convertible debentures for gross proceeds of CAD 1,500,000 on January 4, 2019. The debentures will be secured by a general security interest which will mature two years from closing and will bear interest at 12% per annum, payable in cash or at the option of the subscriber in common shares of the company. The Debenture is convertible into common Shares at CAD 0.20 per share. Each Warrant will entitle the holder to acquire one common share for CAD 0.30 at any time up to two years from the closing date. The transaction is expected to close on January 9, 2019. Management of the company will subscribe for CAD 500,000 principal amount of the debentures. TriView Capital Ltd. acting as a lead finder in the transaction. The company will pay a finder's fees of 8% on the portions of the proceeds raised.