Geotrekk SA (WSE:GTK) announced a private placement of not less than 1,000,000 and no more than 5,000,000 series G shares at a price of PLN 0.10 per share for minimum gross proceeds of PLN 100,000 and maximum gross proceeds of PLN 500,000 on June 10, 2017. The shares will be issued at par. The transaction will include participation from five entities. The company will pay issuance expenses of PLN 3,834.70 in the transaction.