Quantum Numbers Corp. (TSXV:QNC) announced a non-brokered private placement of 40,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 2,000,000 on January 15, 2020. Each unit consist of one common share and one warrant exercisable at a price of CAD 0.15 for a period of 12 months from the date of closing. All of the securities to be issued will be subject to a four month hold period expires on May 16, 2021. The company paid finders fee's of CAD 27,200 in the transaction. The transaction included participation from number of strategic investors and insiders in the transaction. The insider's subscribed for CAD 115,000. After closing of the transaction the company's issued and outstanding common shares are 100,527,838. The transaction is subjected to TSX Venture Exchange final acceptance.