On March 27, 2018, Visionstate Corp. (TSXV:VIS) closed the transaction. The company received approval from the TSX Venture Exchange with respect to the transaction. The transaction included participation from 10 placees including John Putters, Chief Executive Officer of the company, who will purchase 200,000 shares, Randa Kachkar, Chief Financial Officer of the company, who will purchase 200,000 shares, James Duke, director of the company, who will purchase 592,800 shares, and Debra Williams, who will purchase 1,000,000 shares of the company. The securities issued in the transaction are subject to a four-month hold period from the time of closing of the transaction. The maturity date of the warrants gets extended to March 27, 2022.