St-Georges Eco-Mining Corp. (CNSX:SX) announced a non-brokered private placement of 5,000,000 units at a price CAD 0.10 per unit for gross proceeds CAD 500,000 on January 3, 2019. Each unit consists of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase an additional share at a price CAD 0.185 until January 4, 2021. In the event that, during the period following four months from the closing date, the volume-weighted average trading price of the shares on the Canadian Securities Exchange exceeds CAD 0.85 per share for any period of 10 consecutive trading days, the company may, at its option, following such 10-day period, accelerate the warrant expiry date by delivery of notice to the registered holders. All securities issued under the transaction are subject to a hold period expiring May 4, 2019. As a part of transaction the company may pay finder's fee.