On January 12, 2018, EVI Global Group Developments Corp. (CNSX:EVI) closed the transaction. The company issued 5,450,000 shares and 5,450,000 warrants at a price of CAD 0.05 per share for gross proceeds of CAD 272,500. Each warrant is exercisable into one common share at a price of CAD 0.10 per common share for 60 months from the closing date of the offering. The securities to be issued in connection with this offering will be subject to a four month plus one day hold period from the closing date.