Clarity Gold Corp. (CNSX:CLAR) announced a non-brokered private placement of minimum of 833,333 units and a maximum of 2,500,000 units at a price of CAD 0.30 per unit for gross proceeds of a minimum of CAD 250,000 and maximum up to CAD 750,000 on July 22, 2020. Each unit consist of one common share and one half of one share purchase warrant. Each whole warrant exercisable into one share at a price of CAD 0.35 per share for a period of two years following the closing of the transaction. Finder's fees may be payable in connection with the transaction in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. All securities issued are subject to a statutory hold period expiring four months and one day after closing of the transaction.