On May 6, 2020, King Global Ventures Inc. (TSXV:KING) closed the transaction. The transaction included participation from 19 placees including participation from existing investor ESG Global Impact Capital Inc. (TSXV:ESGW), subscribed for 6,000,000 units for the gross proceeds of CAD 90,000. The company paid cash CAD 11,940 to certain member firms and has issued a total of 2,656,000 finders' warrants.

Each finder's warrant may be exercised to acquire a share at CAD 0.05 for six months. The securities issued pursuant to the private placement will be subject to a four-month hold period expiring September 20, 2020. John F. Cook, President and a director of the company, subscribed for 5,000,000 units for proceeds of CAD 75,000.

TSX Venture Exchange has accepted for filing documentation with respect to the transaction.