Leocor Ventures Inc. (CNSX:LECR) announced a non-brokered private placement of up to 6,000,000 units at a price of CAD 0.40 per Unit for gross proceeds of up to CAD 2,400,000 on July 20, 2020. Each unit will consist of one common share of the company and one transferable common share purchase warrant, each warrant entitles the holder to purchase one additional share at a price of CAD 0.50 per share for a period of 24 months following the date of issuance. All the securities issued in the transaction are subject to four month hold period.