On April 13, 2020, Roughrider Exploration Limited (TSXV:REL) closed the transaction. The company has issued 2,000,000 common shares for proceeds of CAD 200,000 in its final tranche closing. The transaction included participation from the returning investor Beneath the Surface Capital Corp. The company issues 108,600 finders warrants with respect to the transaction. Each warrant entitles the holder to purchase an additional common share of the company at CAD 0.10 per share for a period of 2 years. The company announced that TSX Venture Exchange has accepted filing documentation with respect to the transaction. The transaction included participation from 27 placees including Graham Moore for 250,000 shares, David Elliott for 168,000 shares, Wendie Elliott for 50,000 shares, Andrew Williams for 300,000 shares, Justin Hayek for 150,000 shares, Elsie Emes for 50,000 shares, Michael Marosits for 250,000 shares. Beneath the Surface Capital Corp., controlled by Scott Gibson, acquired 2,000,000 common shares pursuant to the transaction. Prior to the transaction, Scott Gibson owned directly, or had control and direction over 2,427,400 common shares, representing 7.65% of the outstanding shares of the company. *The company paid finder’s fees cash of CAD 7,500 and broker warrants 75,000 to Haywood Securities Inc, cash commission of CAD 3,000 and broker warrants 30,000 to PI Financial Corp, cash commission of CAD 360 and broker warrants 3,600 to Leede Jones Gable Inc. The company has received CAD 44,373.68 in funding from two investors pursuant to Regulation D.