P&P Ventures Inc. (TSXV:PPV.H) announced a private placement of up to 25,000,000 units at CAD 0.06 per unit for gross proceeds of CAD 1,500,000 on June 5, 2018. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.08 per share for a period of two years. The company may pay finder fee in this transaction. The transaction is subject to all necessary regulatory approvals including TSX Venture Exchange approval.