CounterPath Corporation (TSX:PATH) announced a non-brokered brokered private placement of 284,902 common shares at a price of $3.51 for gross proceeds of $1,000,006 on June 8, 2020. The transaction will include participation from insiders of the company for 142,451 shares. All the securities issued in the transaction will be subject to a hold period expiring four months and one day after closing.