Belgravia Capital International Inc. (CNSX:BLGV) announced a private placement of up to 80,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 4,000,000 on January 3, 2018. Each unit consists of one common share and one common share purchase warrant, each warrant entitling the holder to purchase an additional common share at CAD 0.18 per warrant for a period of one year from the date of issue. The company expects financing to be completed no later than January 10, 2018.