Deer Horn Capital Inc. (DB:G1J1) announced a non-brokered private placement of up to 15,000,000 units at a price of CAD 0.02 per unit for gross proceeds of CAD 300,000 on January 12, 2017. Each unit consists of one common share and one half of one common share purchase warrant. Each warrant entitles its holders to acquire one common share at an exercise price of CAD 0.05 for a period of one year. The company may pay finder’s fees. The company is expected to close the transaction within the next couple of weeks.