Cayenne Capital Corp. announced a non-brokered private placement of 5,000,000 flow-through common shares at a price of CAD 0.02 per share for gross proceeds of CAD 200,000 and 5,000,000 non-flow-through common shares at a price of CAD 0.02 per share for gross proceeds of CAD 100,000 , an aggregate proceeds of CAD 200,000 on October 28, 2020. The transaction included participation from Jerry Minni for 2,000,000 flow through shares and Earls Cove Financial Corp through Jerry Minni for 600,000 non flow through shares and other investors. All the securities issued in the transaction is subject to a four-month-and-one day statutory hold period in accordance with applicable securities laws. The company will pay no finders fees in the transaction.