Winston Resources Inc. (CNSX:WRW) announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.06 per unit for gross proceeds of CAD 600,000 on January 27, 2017. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one common share at an exercise price of CAD 0.06 for a period of two years. The company may pay finder’s fee or commission pursuant to the transaction.