The news came out Oct 13th, so 6 full business days have passed including today (Monday Oct. 23rd).  

"The private placement is subject to execution of definitive transaction documents, customary closing conditions and receipt of all necessary regulatory and stock exchange approvals".

Back on Aug 28th they announced the loan extension....and the approval announcment came on Sept 5th, just 5 business days later, acounting for Monday Sept 4th being a holiday.  It was with the Sept 5th announcent that we got news of the private placement of 3,000,000 units priced at $1.50 each.  That placement was expected to close on or about September 7th, but there was no subsequent PR announcing that it had in fact been completed. 

"....closing is scheduled to occur on or about September 7, 2017, subject only to receipt of all necessary regulatory and stock exchange approvals".