On May 16, 2017, Westcore Energy Ltd. (TSXV: WTR) closed the transaction. Certain directors, officers and other insiders of the company have participated in the transaction and collectively have acquired 2,906,667 common shares under the transaction. The securities issued in this transaction are subject to a statutory four-month hold period in accordance with applicable securities laws expiring on September 17, 2017.

TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 18 placees. Eros Resources Corp subscribed for 400,000 units, existing investor 49 North Resources Inc. (TSXV:FNR) subscribed for 906,667 units, TMM Portfolio Management subscribed for 500,000 units, Paul Bolger subscribed for 33,333 units, Andrew MacRitchie subscribed for 100,000 units, Jeffrey Sheppard subscribed for 500,000 units, and Jaelky Holdings Ltd subscribed for 500,000 units.