JHI Associates Inc. announced that it has issued 287,500 common shares at a price of CAD 2.5 per share for gross proceeds of CAD 718,750 on January 15, 2021. The transaction included participation from returning investor Westmount Energy Limited (AIM:WTE). Post closing, investor holds a total of 5,651,270 shares in the company, representing approximately 7.7% stake.