Amseco Exploration Ltd. (TSXV:AEL.H) announced a private placement of 2,360,000 common shares at a price of CAD 0.06 per share for gross proceeds of CAD 141,600 on October 2, 2020. The transaction included participation from five placees. No investor in the transaction is a non-arm’s length party to the company within the meaning of the policies of the TSX Venture Exchange. All securities issued in the transaction are subject to a hold period of four months from the closing date, expiring on January 29, 2021. The transaction is subject to final regulatory approval. The TSX Venture Exchange has accepted for filing the documentation with respect to the transaction.