Cheetah Canyon Resources Corp. (TSXV:CHTA) announced a non-brokered private placement of up to 16,000,000 units at a price of CAD 0.06 per unit for gross proceeds of up to CAD 960,000 on October 5, 2017. Each unit consists of one common share and one transferable share purchase warrant. Each warrant entitles the holder to acquire one additional common share at CAD 0.08 per share for a period of 24 months. The transaction is subject to TSX Venture Exchange approval.