On February 4, 2021, TGS Esports Inc. (TSXV:TGS) closed the transaction. Insiders subscribed for 1,325,023 units for CAD 238,504.14 in the transaction. The company has paid CAD 55,644.99 in cash and issued 82,610 finder's shares and 366,748 finder's warrants. All securities issued are subject to hold period expiring on June 4, 2021. TSX Venture Exchange has accepted for filing documentation with respect to the non-brokered private placement. The transaction included participation from 60 placees including Ghr Investments Ltd. for 250,000 shares, Ravinder Mlait for 50,000 shares, Spiro Khouri for 37,511 shares, Spencer Smyl for 25,000 shares Lipont Investments Ltd. for 500,000 shares, Tao Zhai for 100,000 shares, Jackson William Warren for 250,000 shares Dallas Benjamin Hoffman for 50,000 shares Bryan Loree for 50,000 shares and Halford-Thompson for 12,512 shares. The company paid finder's fee of CAD 32,694 in cash and 181,638 non-transferable warrants to Haywood Securities Inc., 82,610 units to Canaccord Genuity Corp., CAD 12,600 and 70,000 non-transferable warrants to PI Financial Corp., CAD 3,600 and 20,000 non-transferable warrants to Gravitas Securities Inc., CAD 2,250 and 12,500 non-transferable warrants to Richardson Wealth Limited and CAD 4,500 to BMO Nesbitt Burns. Each non-transferable warrant is exercisable at a price of CAD 0.25 for two years.