Baltic I Acquisition Corp. (TSXV:BLTC.P) announced a non-brokered private placement of 500,000 common shares for CAD 0.12 per common share for gross proceeds of CAD 60,000 on July 29, 2020. The transaction included participation from 1 placee. The transaction is subject to the final acceptance of the TSX Venture Exchange. No finders' fees was paid in connection in the transaction. All shares issued in the transaction are subject to a statutory four month and one day hold period, which will end on November 30, 2020. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.