NG Energy International Corp. (TSXV:GASX) announced a non-brokered private placement of 429,300 units at a price of CAD 1.15 per unit for gross proceeds of CAD 493,695 on February 10, 2021. The transaction included participation from Frank Giustra for 115,000 units. Each Unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each Warrant will be exercisable to acquire one common share for a period of 36 months following closing of the transaction at an exercise price of CAD 1.75 per share. The company did not pay any finder's fee or commissions in the transaction. All securities issued will be subject to hold period expiring on June 11, 2021.