On July 4, 2019, Stans Energy Corp. (TSXV:HRE) closed the transaction. The company issued 2,800,000 common shares for gross proceeds of CAD 140,000. The transaction included participation from insiders of the company for CAD 65,000. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from seven placees. Boris Aryev, Chief Operating Officer of the company subscribed for 1,000,000 shares and Doug Underhill for 300,000 shares.