KMT-Hansa Corp. (TSXV:KMC.H) announced a private placement of 10,000,000 units at CAD 0.05 per unit with new investor KMT Global Resources Corp. for gross proceeds of CAD 500,000 on November 21, 2012. Each unit consists of one common share and one non-transferrable share purchase warrant to purchase one additional common share of the company at CAD 0.10 per share for one year from the date of closing. Investor will hold 36.2% stake in the company after the transaction. Investor will hold 53.1% stake on fully diluted basis. Closing of the transaction is subject to disinterested shareholder approval and NEX approval. Zheng Jiang Xie and Edward T.S. Chan of KMT Global Resources Corp. will join the board of directors of the company. On December 19, 2012, the company has received approval for the addition of the board members through the deal in its annual general and special meeting of shareholders. On August 7, 2013, the company announced that it is proceeding with the transaction. The investor will hold will hold 68.93% stake in the company on fully diluted basis after completion of the transaction assuming warrants are exercised. All shares and warrants to be issued in the transaction will be subject to a four month hold period from closing. On August 8, 2013, the company announced that TSX Venture Exchange has accepted filing documentation with respect to the transaction. The transaction will include participation from one placee. On October 20, 2016, KMT-Hansa Corp. (TSXV:KMC.H) closed the transaction. The company issued 10,000,000 units for gross proceeds of CAD 500,000 in the transaction. Transaction involved participation from existing investor KMT Global Resources Corp. Investor acquired 36% stake through this transaction and now holds 57.6% stake in the company. The company issued 7,500,000 units in first tranche and 2,500,000 units in second tranche of the transaction. Securities issued are subject to a four month hold period.