CellStop Systems Inc. (TSXV:KNO.H) announced a non-brokered private placement of minimum of 7,166,667 units and maximum of 10,000,000 units at an issue price of CAD 0.06 per unit for minimum gross proceeds of CAD 430,000 and maximum gross proceeds of CAD 600,000 on July 29, 2020. Each unit consist of one common share and one common share purchase warrant. Each full warrant is exercisable at CAD 0.10 for a period of 18 months from the date of issue. The securities issued in the transaction are subject to a hold period of four months from the date of issuance.