Seaway Energy Services Inc. (TSXV:SEW) announced a non-brokered private placement of up to 20,000,000 securities at CAD 0.8 per security for maximum gross proceeds of CAD 15,000,000 on January 22, 2018. The company may pay finder’s fees in accordance with applicable securities laws and exchange policies to eligible finders. All securities issued in connection with the transaction will be subject to hold periods under applicable Canadian and United States securities laws for a minimum of four months and a day. The transaction is subject to receipt of exchange approval and other requisite approvals.