On January 20, 2021, Nexco Resources Inc. (CNSX:NXU) closed the transaction. The company has received CAD 3,449,949.90 in the transaction. The company has issued 10,576,666 units for CAD 1,586,499.90 in its second tranche. The company paid finder’s fees of CAD 126,499.90 in cash and issued 843,333 brokers warrants exercisable at CAD 0.20 per share in second tranche. The warrants issued in second tranche are exercisable till January 20, 2023.