EEStor Corporation (TSXV:ESU) announced a non-brokered private placement of 400,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 20,000 on December 31, 2020. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of CAD 0.05 per share for a period of twenty-four months. All securities to be issued in transaction will be subject to statutory hold period in accordance with the policies of the TSX Venture Exchange. The company will not pay finders’ fees. The completion of transaction is subject to the approval of TSX Venture Exchange.