Canadian Platinum Corp. (TSXV:CPC) announced a non-brokered private placement of 20,000,000 units at CAD 0.015 per unit for gross proceeds of CAD 300,000 on October 26, 2017. Each unit consists of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire one common share of the company at a price of CAD 0.05 for a period of 24 months following closing of the private placement. The common shares are subject to a four-month hold period following the closing date. The company may pay a cash commission pursuant to, and in accordance with, applicable securities laws and TSX Venture Exchange policy. The private placement is subject to the acceptance of the exchange.