Natcore Technology Inc. (TSXV:NXT) announced a non-brokered private placement of 5,555,555 units at a price of CAD 0.36 per unit for gross proceeds of up to CAD 2,000,000 on March 4, 2016. Each unit consists of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase common share of the company at CAD 0.55 for a period of three years from the date of closing.

The company may pay finder's fee on the portion of the transaction. The transaction is subject to TSX Venture Exchange and regulatory authority approval.