LottoGopher Holdings Inc. (CNSX:LOTO) announced a non-brokered private placement of up to 20,000,000 shares at a price of CAD 0.075 per share for gross proceeds of up to CAD 1,500,000 on May 29, 2018. The transaction will include participation from one investor. The company has the option of over-allotment to increase the size of the transaction to CAD 1,800,000. The transaction is expected to close in multiple tranches. The securities issued will be subject to statutory hold period of four months and one day from closing date. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals, including the approval of the Canadian Securities Exchange. The company may pay finder’s fees for the transaction. The company will issue securities for proceeds of $184,320 pursuant to exemption provided under Regulation D.