Breathe eCig Corp. (OTCPK:BVAP) announced a private placement of an unsecured promissory note for gross proceeds of $100,000 with Bureaucom Inc. on October 7, 2015. The note carries a fixed coupon of 4.5% per annum and will mature on April 7, 2016.

The lender is a Canadian corporation. The company entered into a material definitive agreement with the lender pursuant to the transaction.