Freedom Energy Inc. (TSXV:FREE) announced a non-brokered private placement of 2,222,222 units at an issue price of CAD 0.09 for gross proceeds of CAD 200,000 on January 10, 2018. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at any time for two years from the closing date at a price of CAD 0.15. The transaction is subject to TSX Venture Exchange approval. The securities are subject to a four month hold period. The company may pay finder’s fees in the transaction.