On October 11, 2019, MinKap Resources Inc. (TSXV:KAP) closed the transaction. The company issued 2,000,000 units for gross proceeds of CAD 100,000 in its second and final tranche closing. The company has issued an aggregate of 7,000,000 units for gross proceeds of CAD 350,000 in the transaction. The transaction is subject to the approvals required by the parties, including that of TSX venture Exchange.