Israel Capital Canada Corp. (TSXV:IL.P) announced a non-brokered private placement of 1,000,000 common shares at a price of CAD 0.15 per share for gross proceeds of CAD 150,000 on May 12, 2020. The transaction is expected to close in the next thirty days and is subject to the regulatory approvals including the approval of TSX Venture Exchange. All securities issued will be subject to a hold period of four months.