On January 6, 2017, 3D Signatures Inc. (TSXV:DXD) closed the transaction. The company announced that it has amended the terms of the transaction. The company issued 597,082 units and received CAD 447,800 in its third tranche. The company has issued a total of 6,000,000 units for proceeds of CAD 4,500,000 in the transaction. The transaction involved participation from 163 placees, including 20 from professionals' group for 637,500 units. The transaction also involved participation from Jason Flowerday for 13,333 units, and Keith Cassidy for 53,300 units. The company has received approval from TSX Venture Exchange with respect to this transaction. The company paid finder's fees of CAD 172,907.70 cash and 227,755 finder warrants to
Haywood Securities Inc., CAD 99,561.12 cash and 145,374 finder's warrants to Canaccord Genuity Corp., CAD 19,207.43 cash and 31,922 finder's warrants to Mackie Research Capital Corporation, 22,087.50 cash and 29,450 warrants to Leede Jones Gable Inc., CAD 13,936.27 cash and 18,581 warrants to Gundyco, CAD 1,312.50 to GMP Secuities LP, CAD 750 to Gravitas Securities Inc., 20,187.49 cash and 26,917 warrants to PI Financial Corp. CAD 250 to Questrade Inc., CAD 1,875 to Raymond James Ltd., CAD 750 to TD Securities, CAD 3,312.49 to Echelon Wealth Partners, and CAD 3,862.50 to Scotia McLeod $3,862.50. Each finder's warrant is exercisable into one common share at CAD 0.75 until December 16, 2018. The securities issued are subject to four month hold period expiring on May 7, 2017.