Synstream Energy Corp. (TSXV:SHM) announced a non brokered private placement of up to 33,000,000 units at a price of CAD 0.015 per unit for gross proceeds of CAD 495,000 on October 2, 2018. The transaction will include participation from returning investor, Kingma for 16,500,000 units. Each unit will consist of one common share in the capital and one share purchase warrant. Each warrant entitling the holder thereof to purchase an additional common share at an exercise price of CAD 0.05 per share for a period of two years from the date of closing. The securities issued will be subject to a four month hold period. The transaction is subject to the final approval of the TSX Venture Exchange.