On September 27, 2018, the company closed the transaction. The company issued 8,000,000 subscription receipts for gross proceeds of CAD 400,000 in the transaction. Pursuant to the transaction, The Emprise Special Opportunities Fund (2017) Limited acquired ownership of 8,000,000 subscription receipts, which after consolidation will convert into 8,000,000 units comprised of 8,000,000 post-consolidated common shares and 8,000,000 post-consolidated share purchase warrants representing 58.24% of issued and outstanding common shares of the company.