On December 22, 2016, Resource Capital Gold Corp. (TSXV:RCG) closed the transaction . The company paid finder’s fees of CAD 50,000 in connection with the transaction. ACT2 Pty Ltd. and its joint actor had ownership and control over 17,352,746 shares representing 14.7% of the issued and outstanding shares. Following the completion of the transaction ACT2 Pty Ltd. and its joint actor have ownership and control over 17,352,746 shares representing 14.3% of the issued and outstanding shares. The company announced that it has received approval from TSX Venture Exchange with respect to the transaction. The transaction involved participation from one placee. The company paid finder’s fees of CAD 10,000 to Canaccord Genuity Corp. and CAD 40,000 to Mackie Research.