Zadar Ventures Ltd. (TSXV:ZAD) announced a non-brokered private placement of 3,000,000 units at a price of CAD 0.15 per unit for gross proceeds of CAD 450,000 on May 11, 2020. Each unit consists of one common share and one warrant exercisable into one common share at an exercise price of CAD 0.30 per share for a period of 18 months from the date of issuance.