On January 2, 2018, Taranis Resources Inc. (TSXV:TRO) closed the transaction. The company issued 2,000,333 units for proceeds of CAD 300,049.95. The warrants will expire on December 29, 2019. The securities to be issued are subject to a hold period until April 30, 2018. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from two placees.