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LexaGene announces non-brokered private placement

VANCOUVER, BC–(Marketwired – February 14, 2017) – LexaGene Holdings Inc. (TSX VENTURE: LXG) (the “Company“). LexaGene is pleased to announce it intends to complete a non-brokered private placement to raise up to $2,010,000 by the issuance of 6,700,000 units at $0.30 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire an additional common share for $0.60 per share for a three year period.