Royalty North Partners Ltd. (TSXV:RNP) announced a non-brokered private placement of minimum of 2,240,000 units at a price of CAD 0.25 per share for minimum gross proceeds of CAD 560,000 on June 26, 2020. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.35 per share for a period of five years from the date of issuance. The transaction is subject to certain conditions, including the approval of the TSX Venture Exchange. All securities issued are subject to a hold period of four months from the date of issuance of the securities.