On May 13, 2020, Pike Mountain Minerals Inc. (CNSX:PIKE) closed the transaction. The company issued 3,760,000 units for gross proceeds of CAD 188,000 in the transaction. Each warrant entitles to the holder thereof to acquire one additional common share of the company at a price of CAD 0.06 per share until November 13, 2021. All securities issued in the transaction is subject to a statutory hold period of four months and one day