Natcore Technology Announces $2 Million Private Placement

Natcore Technology Inc. (TSXV:NXT) announced that it intends to raise up to CDN$2,000,000 via a non-brokered private placement.
The non-brokered private placement involves the sale of up to 5,555,555 units at a price of CDN$0.36 per unit for aggregate gross proceeds of CDN$2,000,000. Each unit comprises one common share and one share purchase warrant. Each warrant will entitle the holder to purchase of a further common share at CDN$0.55 for a period of three years from closing.
Proceeds of the placement will be applied further development of Natcore’s technologies and general working capital.
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