On January 19, 2018, Giga Metals Corporation (TSXV:GIGA) closed the transaction. The company issued 11,448,333 units for gross proceeds of CAD 858,624.975 in its third tranche. The company issued 17,006,666 for gross proceeds of CAD 1,275,499.95 in funding so far in the transaction. The company paid a finder’s fee of CAD 10,000 and issued 134,000 finder warrants were issued to registered intermediaries. The transaction involved participation from five directors for CAD 165,000, including Stephane Leblanc for 500,000 units for proceeds of CAD 37,500, Luigi Nardella for 350,000 units for proceeds of CAD 26,250, Hubert Vallee 500,000 units for proceeds of CAD 37,500, Victor Cantore for 500,000 units for proceeds of CAD 37,500, Michel Gagnon for 350,000 units for CAD 26,250, and Robert Wares for 6,700,000 units for proceeds of CAD 502,500. Robert Wares acquired approximately 8.27% of the issued and outstanding shares on a non-diluted basis and 15.17% on a partially diluted basis assuming the exercise of warrants.