Halio Energy Inc (TSXV:HOIL) announced a non-brokered private placement of 25,000 common shares at a price of CAD 1.20 per share for gross proceeds of CAD 30,000 on August 29, 2017. All securities issued will be subject to a statutory hold period of four months plus one day from the date of completion. The transaction is subject to all necessary corporate and regulatory approvals, including the TSX Venture Exchange.