On March 13, 2020, Frankly Inc. (TSXV:TLK) closed the transaction. The company has issued 1,070,396 units for proceeds of CAD 717,165.32 in the transaction. The transaction include participation from 4 placees including participation from insider of the company for 149,500 units. The company paid finder's fee of CAD 4,020 in cash to Cormark Securities Inc. The securities issued are subject to hold period till July 14, 2020.