Corcel Exploration Inc. (CSE: CRCL) (OTCQB: CRLEF) (the ‘Company’ or ‘Corcel’) today announced a non-brokered private placement of up to 11,111,111 units (the ‘Units’) at a price of $0.18 per Unit for gross proceeds of up to $2,000,000 (the ‘Offering’). Each Unit will consist of one