Natcore Technology Inc (NTCXF)

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Natcore Technology closes final tranche of private placement
Rochester, NY — (February 6, 2016) — Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF) has completed the third and final tranche of its proposed non-brokered private placement, as announced on November 26, 2015. Gross proceeds of $98,300.88 were raised through the sale of 273,058 units at a price of $0.36 per unit. Each unit comprised one common share and one share purchase warrant. Each warrant entitles the holder to purchase of a further common share at $0.55 for a period of three years.

The securities issued in the final tranche are subject to a hold period in Canada expiring on June 6, 2016. Proceeds of the placement will be applied to further development of Natcore’s technologies and general working capital.