On January 7, 2019, Silver One Resources Inc. (TSXV:SVE) closed the transaction. The company issued 4,158,334 units at a price of CAD 0.15 per unit for gross proceeds of CAD 623,750. The transaction was over-subscribed. The transaction included participation from directors and officers for 134,667 units. The company has issued 20,000 warrants to the Gerhard Merkel who is the finders in the transaction. The company has raised CAD 14,200 from two investors pursuant to exemption provided under Regulation D. On January 15, 2019, the company announced the TSX Venture Exchange has accepted for filing documentation. The transaction included participation from 16 placees or pro group participation. Insiders, Barry Girling subscribed 50,000 shares, Greg Crowe subscribed 40,000 shares and Raul Diaz Unzueta subscribed 44,667 shares.