Gentor Resources Inc. (TSXV:GNT) announced a private placement of 4,000,000 common shares at a price of CAD 0.05 per share for gross proceeds of up to CAD 200,000 on September 27, 2018. The directors and officers of the company may purchase some or all of the offered Shares. The closing of the transaction is subject to receipt of all necessary approvals, including board and TSX venture exchange approvals.