The Mint Corporation (TSXV:MIT) announced a private placement of 15,000,000 units at an issue price of CAD 0.20 per unit for proceeds of CAD 3,000,000 and 3,409,090 units at an issue price of CAD 0.22 per unit for proceeds of CAD 750,000 for total gross proceeds of CAD 3,750,000 on January 11, 2018. Each unit consists of one common share in the company and one warrant. Each warrant is exercisable for one common share during the 12 months following the first closing of the offering for an exercise price of CAD 0.30. If the closing price of the company's common shares is over CAD 0.50 per share for a period of 10 consecutive business days, the company may give written notice to the registered holders of the warrants changing the expiry date to a date not less than 30 days following the date of that notice. On the same date, the company announced that it has completed its first tranche and has received 9,070,000 units for CAD 1,814,000. The company paid a finder's fees of CAD 60,480 and 302,400 finder warrants. The company announced that it will pay the finders fees of cash commission equal to 7% of the gross proceeds from the sale of units and that number of finder warrants which is equal to 7% of the number of units sold to subscribers introduced by the finder. Each finder warrant is exercisable for one unit during the 18 months following the first closing of the offering for an exercise price of CAD 0.20. The securities issued on closing, including any securities issued upon exercise of the warrants or finder warrants, are subject to a four month hold period which expires on May 12, 2018. The company announced that it will grant options to a director and a consultant to purchase a total of 2.5 million common shares, including options on 1.5 million common shares issued to a director of the company. The options are exercisable at a price of CAD 0.33 per share and expire on January 11, 2021.