On August 7, 2020, Sphinx Resources Ltd. (TSXV:SFX) closed the transaction. The company issued 100,000 units for gross proceeds of CAD 3,000 and 200,000 flow through units for gross proceeds of CAD 10,000 for aggregate gross proceeds of CAD 13,000 in second tranche closing. The company issued 300,000 units for proceeds of CAD 68,250 and 300,000 flow through units for proceeds of CAD 15,000 for aggregate gross proceeds of CAD 83,250. The transaction included participation from insiders for CAD 41,000. The company accepted TSX Venture Exchange filing. The transaction included participation from 10 placees including Jeremie Ryan for 200,000 shares, IM Capital Inc. for 500,000 shares, Lawrence Cannon for 333,334 shares and Pierre-Andr Viens for 200,000 shares