On December 1, 2017, Sage Gold Inc. (TSXV:SGX) closed the transaction. The company issued 2,272,727 units for gross proceeds of CAD 500,000 in its fourth and final tranche. The company issued total of 7,401,527 units for total gross proceeds of CAD 1,628,336. The company paid CAD 92,439.20 in finders’ fees and issued 262,610 compensation warrants associated with the four tranches.