BLOK Technologies Inc. (CNSX:BLK) announced that it has entered into a non-brokered private placement of 5,000,000 units at price of CAD 0.05 for gross proceeds of CAD 250,000 on February 12, 2020. Each unit consists of one common share and one half share purchase warrant and can be exercised into one common share of the company at CAD 0.15 per warrant for a period of 24 months from the date of closing.