EXMceuticals Inc. announced a private placement of up to 5,180,000 units at a price of CAD 0.20 per unit for a gross proceeds of CAD 1,036,000 on July 22, 2020. Each unit will consists of one common share and one common share purchase warrant exercisable at a price of CAD 0.30 per share for a period of 18 months. The company paid 71,400 units as finder's fee with the same terms of the transaction. Each finders warrants entitles the holder to purchase one common share at a exercise price of CAD 0.30 per share for a period of 18 months. All securities issued in the transaction are subject to a hold period of four months expiring November 23, 2020. The company raised $372,550 (CAD 499,723.668) from one investor pursuant to Regulation D in the transaction.