On September 27, 2019, Point Loma Resources Ltd. (TSXV:PLX) closed the transaction. The company received CAD 1,662,505.71 in funding. The company issued 7,000,050 units for gross proceeds of CAD 805,005.75, 6,060,000 flow-through units (CEE Units) for gross proceeds of CAD 757,000 and 833,333 flow-through units (CDE Units) at a price of CAD 0.12 for gross proceeds of CAD 99,999.96. The transaction included participation from 26 placees including Bradley Johnson for 43,500 units, Kevin Baker for 174,000 units, Steven Dabner for 175,200 units, Terrence Meek for 435,000 units, Bruce Mitchell for 1,000,000 units. The company has paid CAD 133,000.46 in cash as finder's fees and 925,070 Units to Mackie Research Capital.