On February 1, 2019, Ashanti Gold Corp. (TSXV:AGZ) closed the transaction. The company issued 10,538,000 units for gross proceeds of CAD 526,900. The warrants will expire on February 1, 2021. The securities are subject to hold period expiring on June 2, 2019. the transaction was oversubscribed. The company paid finder's fees to Haywood Securities Inc. for CAD 4,550 cash, 91,000 warrants; PI Financial Corp. for CAD 3,937.5 cash, 78,750 warrants; Raymond James Ltd. for CAD 12,250 cash, 175,000 warrants., for aggregate of CAD 20,737.5 in cash and 344,750 finder warrants, each of which entitle the holder to purchase one common share at a price of CAD 0.05 for one year expiring February 1, 2020. The transaction included participation of pro-group for 400,000 units. The transaction included participation from 27 placees.