On January 6, 2017, Spriza Media Inc. (TSXV:SPZ) closed the transaction. The company announced that it has issued 7,400,000 units for the gross proceeds of CAD 222,000. Insiders of the company invested a total of CAD 37,000 in the transaction. The company announced that the transaction involved participation from Scott Seguin for 250,000 units, David Antony for 583,333 units, Chris Robbins for 400,000 units. The transaction involved participation from 5 placees. The company has received approval from TSX Venture Exchange with respect to the transaction.