On January 19, 2017, Arcturus Growthstar Technologies Inc. (CNSX:AGS) closed the transaction. The company issued 1,021,596 units for the gross proceeds of CAD 255,399 in its second tranche. The company has received total of CAD 550,399 in the transaction. The transaction was oversubscribed. The company paid finder’s fees of CAD 17,071 and issued 66,848 finder's warrants to Arcturus in its second tranche. Each finder's warrant is on the same terms as the warrants.