Zadar Ventures Ltd. (TSXV:ZAD) announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.35 per unit for gross proceeds of minimum CAD 700,000 and a maximum CAD 3,500,000 on December 14, 2020. Each unit consists of one common share and one share purchase warrant exercisable into one common share at an exercise price of CAD 0.75 during the first year and CAD 1 the second year. The transaction is subject to acquire regulatory approval, and there is no assurance that the transaction will close.