On January 18, 2019, Pelangio Exploration Inc. (TSXV:PX) closed the transaction. The company issued 1,800,000 units for gross proceeds of CAD 270,000 in its final tranche. The company paid a finder's fees of CAD 52,800 and issued 352,000 warrants to Zuri-Invest AG, Leede Jones Gable Inc and PI Financial Corp. Each finder's warrant entitles the holder to acquire one common share at CAD 0.20 for a two year period. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction involved participation from 16 investors.