On April 11, 2018 Esrey Resources Ltd. (TSXV:ESR) closed the transaction. The company issued 7,270,000 units for gross proceeds of CAD 1,454,000 in its second and final tranche closing. The company has issued 19,995,000 units for a total gross proceeds of CAD 3,999,000 in the transaction. The company issued a finder's fee of 158,100 units on a portion of the final closing of the transaction. The securities issued in this tranche will be subject to a hold period expiring August 11, 2018. On April 15, 2018, the company announced that the TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The company issued 158,100 units to Nature Cove Holdings Limited as finder's fee. Each unit consists of a share and a share purchase warrant exercisable at a price of CAD 0.40 for a period of 5 years. The warrants issued are pursuant to an acceleration clause.