On January 16, 2017, Altair Resources Inc. (TSXV:AVX) closed the transaction. The company issued 2,000,000 units for gross proceeds of CAD 400,000 in last tranche of the transaction. The transaction included participation form 10 placees. The securities issued are subject to hold period till May 17, 2017. The company paid finders’ fees of 200,000 common shares including 25,000 shares to Pedram Hosseini and Farzad Taheri each, 125,000 shares to Alnoor Bhulji, 75,000 shares to Vida Sieben, and 50,000 shares to Sahar Khavari, Sousan Rahimzadeh, and Fatemeh Safavi each. TSX Venture Exchange has accepted for filing the documentation with respect to the transaction.