Continental Energy Corporation (OTCPK:CPPX.F) announced a private placement of 6,000,000 units at CAD 0.05 per unit for gross proceeds of CAD 300,000 to accredited investors and unrelated parties on November 28, 2017. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.10 per share for a period of 12 months from the date of closing. No commissions or fees were paid in the transaction.