Omni Commerce Corp. announced a private placement of 2,500,000 subscription receipts at a price of CAD 0.60 for gross proceeds of up to CAD 1,500,000 on April 24, 2020. Each unit on a post-consolidation basis and will consists of one common share and one half of one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at CAD 1.00 per share for a period of two years.