InterCure Ltd. (TASE:INCR) announced a private placement of 2,678,571 common shares at a price of ILS 0.56 per share for gross proceeds of ILS 1,500,000 on November 28, 2016. The company has signed an investment agreement with the investors. The completion of the transaction is subject to Tel-Aviv Stock Exchange’s approval to list the shares. The registered capital of the company till date is 200,000,000 shares and the issued and paid-up share capital is 71,190,363 shares. The shares will be subject to a period of 6 months immediately after the closing.