Granada Gold Mine Inc. (TSXV:GGM) announced a non-brokered private placement of 4,000,000 units at CAD 0.25 per unit for gross proceeds of CAD 1,000,000 on January 22, 2018. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at CAD 0.35 per share for a period of two years from closing, subject to TSX Venture Exchange approval. Finder’s fees may be paid in connection with the private placement and all finder’s fees payable are subject to Exchange approval. The securities to be issued will be subject to a hold period of four month and a day in accordance with applicable Securities Laws.