HTC Purenergy Inc. (TSXV:HTC) announced a non-brokered private placement of 909,090 units at a price of CAD 5.50 per unit, for the gross proceeds of approximately CAD 5,000,000 on July 15, 2020. Each unit will consist of four common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one voting common share of Hydrogen Fueling Corp. for a period of 5 years after the date of issuance, if failed to provide the holder will receive thirty-two common shares of the company. All the securities issued will subject to a hold period of four months and one day from the date of issuance. The transaction is subject to conditional approval from TSX Venture Exchange.