On January 22, 2018, NTM Gold Limited (ASX:NTM) closed the transaction. The transaction included participation from James Epis and Gary Ross in equal proportions.The company also issued 3,000,000 options as part of the transaction to Argonaut Investments Pty Ltd. Each option entitles the holder to subscribe for and be allotted one ordinary share in the capital of the company. The exercise price is AUD 0.06 per share in respect of January 2021 options.