On July 17, 2020, Freeform Capital Partners Inc. (TSXV:FRM.P) closed the transaction. The company announced that it has amended the terms of the transaction. The company now issued 5,200,000 common shares at price of CAD 0.1 for gross proceeds of CAD 520,000. The transaction included participation from CEO and Director of the company Kevin Smith for 250,000 common shares under the transaction, bringing his total share ownership to 1,050,000. Following completion of the transaction, Kevin Smith will hold 9.81% of company’s issued and outstanding common shares. The transaction also included participation from 20 placees and aggregate pro group involvement from four placees for 750,000 shares. The company did not pay any finders fees or commissions in connection with the transaction. On July 21, 2020, the TSX Venture Exchange gave final approval to the transaction.