Enablence Technologies Inc. (TSXV:ENA) announced a private placement of 20,000,000 common shares at CAD 0.05 per share for gross proceeds of CAD 1,000,000 on July 30, 2018. All securities issued will have a hold period until November 28, 2018. The board of directors of the company approved the transaction. The transaction included participation from existing investor J. Zechner Associates Inc for CAD 1,000.000. TSX Venture Exchange accepted for filing documentation with respect to the transaction.