CurrencyWorks Inc. (TSXV:CWRK) announced a non-brokered private placement of up to 14,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 700,000 on May 21, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase a common share at a price of CAD 0.10 per share for a period of two years from closing. The transaction may include participation from insiders of the company. The company may pay finder's fee in the transaction. All securities issued are subject to hold period of four months and one day from the closing of the transaction. The closing of the transaction is subject to a number of conditions including receipt of all regulatory approvals, including approval of the Exchange.