On November 14, 2019, Cicada Ventures Ltd. (TSXV:CID) closed the transaction. The company issued 5,000,000 units at a price of CAD 0.05 per unit, for gross proceeds of CAD 250,000. The hold period for the units will expire on March 14, 2020. A finder’s fee of CAD 8,750 is payable to Kenneth Gracey of Rosario Securities Ltd. in accordance with the rules set out by the TSX Ventures Exchange. The transaction has been approved by the TSX Venture Exchange. The transaction included participation from four placees.