On March 31, 2016, Fantasy Aces Daily Fantasy Sports Corp. closed the transaction. The company has issued 29,704,000 common shares for gross proceeds of CAD 742,600 in its second tranche and final tranche of the transaction. The company has issued CAD 138,460 in the transaction. Directors and officers of the company invested a total of CAD 455,000 into the second tranche of the share offering for a total of 18,200,000 common shares. The total gross proceeds of the share offering equals CAD 1,484,600. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 20 placees including new investor FA Media LLC which subscribed 21,000,000 common shares, Thomas A. Frisina of Chief Executive Officer and director of the company subscribed 13,000,000 common shares, Bryan Frisina subscribed for 2,600,000 common shares, Trent Frisina subscribed for 2,600,000 common shares, and professionals of the company subscribed for 1,040,000 common shares. The company paid CAD 675 finder's fee to Leede Jones Gable Inc.

TSX Venture Exchange has accepted for filing documentation with respect to the transaction for debentures. The transaction included participation from one placee.