Highmark Marketing Inc. (CSE:HMK) announced a private placement of up to 5,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 250,000 on February 1, 2016. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one share at an exercise price of CAD 0.075 for a period of 36 months from the date of issuance.

The company may pay cash commission to certain finders equal to 10% of the gross proceeds raised and may also issue finder's warrants to purchase that number of common shares equal to 10% of the number of units issued. The terms of finder's warrants will be the same as warrants issued pursuant to the transaction. The securities issued will be subject to a hold period in accordance with the policies of Canadian securities Exchange.