BetterU Education Corp. (TSXV:BTRU) announced a non-brokered private placement of up to a maximum of CAD 500,000 or 7,142,857 units at a deemed price of CAD 0.07 per unit on July 22, 2019. Each unit will comprise of one common share and a full warrant. Each warrant will entitle the holder to purchase one common share at CAD 0.15 per share for a period of two years from the closing of the transaction. The company may pay finder's fee of 7% in cash and 7% in warrants that can be exercised for 12 months at a price of CAD 0.15 per share on a portion of the transaction. The securities to be issued are subject to a hold period of four month and one-day from date of issuance. The transaction is subject to the approval of the TSX Venture Exchange. The transaction is expected to close shortly.