09:49 AM EST - Genoil Inc. : announced that it has closed a non-brokered United States private placement, pursuant to which the Corporation issued 3,042,668 common shares, at a price of $0.015 Canadian per share for total gross proceeds of $45,650.00. The common shares issued in connection with the private placement are subject to hold periods pursuant to relevant holding periods. In connection with the shares issued for this private placement the company issued 3,042,668 warrants at a strike price of $0.05. Genoil Inc.
shares V.GNO are trading unchanged at $0.02.
