RewardStream Solutions Inc. (TSXV:REW.H) announced a non-brokered private placement of 3,571,427 units at a price of CAD 0.14 per unit for gross proceeds of CAD 499,999.78 on August 27, 2020. The transaction included participation from 9 investors. Each unit consists of one common share of the company, and one common share purchase warrant exercisable to acquire an additional common share at a price of CAD 0.185 until August 26, 2021. The company did not pay finder's fees or commissions in connection with the transaction. All securities issued in connection with the placement are subject to a four-month and-one-day statutory hold period, in accordance with applicable securities laws, expiring on December 28, 2020. The filing documentation with respect to the transaction has been accepted by TSX Venture Exchange.