On June 20, 2019, Visionstate Corp. (TSXV:VIS) closed the transaction. The company has issued 3,992,486 units for gross proceeds of CAD 99,812. The company has issued total of 10,469,640 units for total gross proceeds of CAD 261,741. The transaction is over subscribed. Each warrant entitles to the holder to purchase one additional common share at a price of CAD 0.05 per common share for a period of one year from closing. In the event of the common shares close at a price greater than CAD 0.075 per common share for a period greater than twenty consecutive trading days, then the warrant term shall be automatically accelerated and shortened from one year to thirty calendar days following the date a press release is issued by the company announcing the reduced term, and the issuance of the press release shall be deemed to be sufficient notice to all warrant holders of the shortened warrant Term as a result of the acceleration. All securities issued are subjected to a hold period of four month. The TSX Venture Exchange has accepted the final approval of the transaction. The transaction included participation from 16 placees including insiders John Putters for 1,200,000 units, Randa Kachkar for 480,000 units, Gilbank Kevin for 340,000 units, Debra William for 440,000 units, James Duke for 840,000 units and Paul Fairbridge for 300,000 units. The company paid a finders fees of CAD 3,000 and issued 200,000 finders warrants to Echelon Wealth Partners Inc. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.