On July 18, 2017, Goldbank Mining Corporation (TSXV:GLB) closed the transaction. The company issued 4,483,334 flow-through units for proceeds of CAD 336,250 and 5,516,666 non flow-through shares for proceeds of CAD 413,750.The transaction involved participation from existing investors Anthony J. Beruschi for 4,000,000 units for gross proceeds of CAD 300,000 and stake of 35.34% and Blizzard Finance Corp. for 1,600,000 units for gross proceeds of CAD 120,000 and stake of 11.27%. The units are restricted from trading until November 19, 2017. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.