On August 7, 2020, Arctic Hunter Energy Inc. (TSXV:AHU) closed the transaction. The securities issued are subject to hold period of four months from the date of issue ending on December 8, 2020. The company accepted TSX Venture Exchange filing. The transaction included participation from 4 placees including Daniel B. Scholefield for 200,000 units, Timothy Coupland, Chief Executive Officer of the company for 300,000 units and Gordon Steblin for 100,000.