RE:Zenith - I'd pay C$1.00 for 40,000 From August 2019: In addition, today Zenith announced that it has closed a private placement of approximately 1.1 million units at a price of US$2.00 per unit for gross proceeds of approximately US$2.1 million. Each unit is comprised of one (1) common share and one-half (1/2) of a common share purchase warrant exercisable at US$3.00 per share for a period of three (3) years. The terms of the Private Placement entitle subscribers to anti-dilution and additional rights in the event of a subsequent offering at a lower price or on different terms within a period of one year.