TIMIA Capital Corp. (TSXV:TCA) announced a non-brokered private placement of 536,667 new equity units at a price of CAD 0.12 for gross proceeds of CAD 64,400 to accredited investors on January 2, 2018. The transaction included participation from three places. Each unit is comprised of one common share and a half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share at an exercise price of CAD 0.14 per warrant Share for a period of 24 months from the date of closing of the transaction. The expiry date of the warrants may be accelerated by the company at any time following the six month anniversary of the closing and prior to the expiry date of the warrants if the volume weighted average trading price of the common shares is greater than CAD 0.24 for any 20 consecutive trading days. If this occurs, the company may accelerate the expiry date of the warrants by issuing a press release announcing the reduced warrant term whereupon the warrants will expire on the 20th calendar day after the date of such press release. All the securities issued in the transaction will be subject to a four month hold period in accordance with applicable securities laws. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from three placees.