On January 10, 2017, Relentless Resources Ltd (TSXV:RRL) closed the transaction. The company paid a commission of CAD 2,800 to Industrial Alliance Securities Inc. The company announced TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 68 placees President, Director and Member of Reserves Committee Ronald Peshke has subscribed 1,100,000 units, Chairman, Chief Executive Officer, Member of Audit Committee Thomson C.A., Hugh M. has subscribed 500,000 units, Ike Kolias has subscribed 2,000,000 units, William Macdonald has subscribed 1,100,000 units, Daniel Wilson has subscribed 1,100,000, Muarry Frame has subscribed 500,000 units, and aggregate pro group involvement has subscribed 300,000.