On September 6, 2018, Arena Minerals Inc. (TSXV:AN) closed the transaction. The transaction included participation from 55 placees. William Randall, President and Chief Executive Officer subscribed for 3,000,000 units, Simon Marcotte, director has subscribed for 2,250,000 units, Daniel Bruno, Executive Vice Chairman subscribed for 1,500,000 units, Paul Kania subscribed for 600,000 units and Jorge Nicolas Vazquez subscribed for 500,000 units. Pro Group participated for 1,320,000 units.