Natcore Technology Inc (NTCXF)

[TRUISM]

6/16/2017-Natcore Technology Closes Private Placement
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Rochester, NY — (June 16, 2017) — Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF) has completed the first tranche of its proposed non-brokered private placement, as announced on June 14, 2017. Gross proceeds of $237,500.00 were raised through the sale of 1,250,000 units at a price of $0.19 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 $0.24 for a period of three years.

Finders’ fees were paid in connection with the initial tranche, consisting of $16,625 payable in cash and 87,500 finders’ warrants having the same terms of the warrants issuable in the units. All securities issued in the initial tranche are subject to a hold period in Canada expiring on October 14, 2017. Proceeds of the placement will be applied to further development of the Company’s technologies and general working capital.



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