Interlapse Technologies Corp. (TSXV:INLA) announced a non-brokered private placement of a minimum of 12,000,000 subscription receipts at a price of CAD 0.25 each for minimum gross proceeds of CAD 3,000,000 on November 23, 2020. Each subscription receipt, upon satisfaction of the escrow release will automatically convert on the completion of the transaction into common shares of the company. The company may pay finders' fees in the transaction.