Calyx Ventures Inc. (TSXV:CYX) announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 500,000 on November 6, 2019. Each Unit consists one common share and one-half-of-one common share purchase warrant. Each warrant entities the holder to purchase one additional common share at a price of CAD 0.10 per share for a period of 12 months from date of closing, subject to accelerated expiry should the common shares trade on the TSX Venture Exchange at a price equal or greater than CAD 0.10 per share for a period of 10 consecutive trading days. All the securities issued in the transaction are subject to hold period of four months and one day. The transaction is subject to approval of TSX Venture Exchange.