On February 16, 2021, Speakeasy Cannabis Club Ltd. (CNSX:EASY) closed the transaction. The company has issued 8,605,000 units for gross proceeds of CAD 4,302,500. In connection with the closing of the transaction, the company paid aggregate finder's fees of approximately CAD 200,550 and issued an aggregate of 401,100 finder warrants o eligible finders. Each finder warrant entitles the holder to acquire one common share at a price of CAD 0.70 for a period of 36 months from the closing of the transaction. All securities issued in the transaction will have hold period that will expire on June 17, 2021. The transaction is subject to final acceptance by the Canadian Stock Exchange.