Blake Insomnia Therapeutics, Inc. (OTCPK:BKIT) announced a private placement of 2,222,222 units at a price of $0.45 per unit for gross proceeds of $1,000,000 on September 6, 2017. Each consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase two shares at a price of $0.45 per share. The minimum investment accepted from any outside investor is $10,000. The company will issue securities pursuant to exemption provided under Regulation D.