Capital Park Holdings Corp. (OTCPK:LOGG) announced that it has entered into agreement for a private placement of 12% convertible promissory notes for gross proceeds of $845,000 on March 2, 2020. The transaction will include participation from SBI Investments LLC, 2014-1, Cavalry Fund I L.P., a fund managed by Cavalry Fund I Management, LLC and Oasis Capital, LLC. The company will also issue warrants to purchase 4,447,368 common shares of the company at an exercise price of $0.095 per share for a period of five years from date of issue. The notes carries 12% interest rate and will mature in nine months from date of issuance. The notes are convertible into common shares at a price of lower of $0.095 or 70% multiplied by the lowest volume of the common stock for the 15 trading days immediately prior to the applicable conversion date.