Crazy Horse Resources Inc. (TSXV:CZH) announced a non-brokered private placement of 26,000,000 units at CAD 0.05 per unit for gross proceeds of CAD 1,300,000 on January 13, 2014. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the company for a period of three years at an exercise price of CAD 0.075 per share. The company may pay finders' fees in the transaction. The closing of the transaction is subject to receipt of TSX Venture Exchange approval.

On February 18, 2014, Crazy Horse Resources Inc. closed the transaction. The securities issued as part of the transaction are subject to a four-month hold period in accordance with applicable Canadian securities laws that expire on June 19, 2014. The warrants will expire on February 18, 2017. The company did not pay any finder's fees as part of the transaction. The transaction is subject to final approval from the TSX Venture Exchange. The company issued securities pursuant to exemption provided under Regulation D. The transaction included participation from a single investor. The transaction involved participation from 49 placees. Jose Dayrit Leviste, director of the company subscribed for 1,500,000 shares, and aggregate professional group subscribed for 2,200,000 shares.