On January 26, 2018, Liberty Gold Corp. (TSX:LGD) closed the transaction. The company issued 14,784,523 common shares, representing approximately 8.37% of company's stake, and 7,392,261 warrants to Resource Capital Funds in the transaction. The investor will own approximately 12.06% of the company’s issued and outstanding common shares upon the exercise of all the warrants. The company also issued 200,000 units to an insider of the company.