Critical Control Energy Services Corp. (TSX:CCZ) announced a private placement of 2,800,000 common shares at a price of CAD 0.05 per share for gross proceeds of CAD 140,000 on February 26, 2019. The transaction will include participation from existing investor 2209021 Ontario Inc, who will acquire 6.29% stake in the transaction. Post completion of the transaction, the stake on the investor in the company will increase from 21.27% representing 9,552,182 common shares to 27.26% representing 12,352,182 common shares.