Sunset Pacific Petroleum Ltd (TSXV:SPK) announced a private placement of up to 20,000,000 units at a price of up to CAD 1,000,000 on November 19, 2018. Each unit will consist of one common share and one common share purchase warrant, with each warrant being exercisable into one common share for a period of three years from the date of issuance of the warrants at an exercise price of CAD 0.07 per warrant share. The company may pay finders’ fees comprised of cash and/or warrants in connection with the private placement, subject to compliance with the policies of the TSX Venture Exchange. Completion of the private placement and the payment of any finders’ fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.