Zenosense, Inc. (OTCPK:ZENO) announced that it has entered into a securities purchase agreement with new investor, Valley Heights Inc. for a private placement of 67,126,578 common shares for gross proceeds of $150,000 and unsecured convertible loans for $640,000, for aggregate gross proceeds of $790,000 on June 6, 2016. The commitment loans will be made in four individual amounts. On or before September 20, 2016, the investor will lend the company a conversion amount of $180,000, on or before November 20, 2016, the investor will lend a conversion amount of $170,000, on or before January 20, 2016, the investor will lend a conversion amount of $170,000, and on or before March 20, 2017, the investor will lend a conversion amount of $120,000. The loans shall be subordinate in right of payment to the principal amount due. The loans shall bear a fixed interest rate of 10% per annum based on a 360 day year and are due 4 years from each respective maturity date. The company may, at any time prior to the maturity date, prepay any unconverted amount of each respective loan in full or in part. The investor may, at any time prior to the maturity date, convert any or all of the conversion amounts into common shares of the company at the lower of either $0.01 per share or a 15% discount to the 10 day volume weighted average price provided that any such conversion is not at a price of less than $0.005 per share. On the maturity date of each respective loan any outstanding amount shall automatically and mandatorily convert into common shares of the company at a price of $0.01 per share. The transaction has been approved by the shareholders of the company. The securities were issued pursuant to exemption provided under Regulation D.