Exelerate Capital Corp. (TSXV:XCAP.P) announced a non-brokered private placement of 3,703,000 common shares at a price of CAD 0.135 per share for gross proceeds of CAD 499,905 on October 9, 2019. All issued Shares are subject to a statutory hold period under Canadian securities legislation expiring on February 10, 2020. Haywood Securities Inc. acted as finder in the transaction and received finders' fee of CAD 5,000 in cash, to an unrelated agent, in lieu of expenses. The transaction included participation from 15 placees pro group for 1,400,000 shares.