On January 5, 2017, Rogue Resources Inc. (TSXV:RRS) closed the transaction. The company issued 300,000 units for gross proceeds of CAD 150,000 in the final tranche. The transaction included participation form 10 placees, including Angela May Kway Yap for 10,000 units, Sean Samson for 15,000 units, Paul Charles Davis and Stephen Delaney for 20,000 units each. The majority of the transaction was purchased by insiders and their families, with some shares also sold to new and existing European investors. The securities issued are subject to hold period of four months expiring May 6, 2017. The company paid finder's fee of CAD 10,325 and 206,500 compensation warrants, including Kyle Smith receives CAD 525 and 1,050 non-transferable warrants and Christoph Bruening receives CAD 7,700 and 15,400 non-transferable warrants.