Targeted Microwave Solutions Inc. (DB:T651) announced a non-brokered private placement of the 5,000,000 common shares at a price of CAD 0.05 per share for gross proceeds of CAD 250,000 on January 9, 2020. The transaction involved participation from Claredon Capital Corp. The securities issued in the transaction have a statutory hold period of four months plus a day from the date of issuance in accordance with applicable Canadian securities legislation and TSXV requirements.