On January 23, 2019, ARHT Media Inc. (TSXV:ART) closed the transaction. On the same date the company has issued 6,805,556 units for gross proceeds of CAD 612,500 in its third and final tranche. The third tranche is subject to the final approval of the TSX Venture Exchange. Each warrant issued in the transaction can be exercised for period of 36 months following the closing of the second tranche. The securities issued in the third tranche are subject to four month and one day hold period expiring on May 23, 2019. No finder warrants or finders fees were paid in connection to the closing of the third tranche. The company has issued a total of 26,843,335 units for a total gross proceeds of CAD 2,415,900 in the transaction. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 15 Placees.