Westcot Ventures Corp. (TSXV:WET.H) announced a non-brokered private placement of 5,555,555 units at a price of CAD 0.135 per unit for gross proceeds of CAD 750,000 on October 18, 2017. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one additional common share at a price of CAD 0.18 per warrant for a period of one year following closing of the transaction. All of the securities issued in the transaction will be subject to a four month hold period. Closing of the transaction is subject to receipt of all required regulatory and other approvals, including acceptance by the TSX Venture Exchange. The company may pay finder's fees in respect of certain subscribers in accordance with the policies of the TSX Venture Exchange.