On July 24, 2019, NSGold Corporation (TSXV:NSX) has closed the transaction. The company has issued 1,468,750 units for gross proceeds of CAD 117,500. The transaction included participation from 6 placees including returning investor, Van Hoof Industrial Holdings Ltd. for 625,000 units for proceeds of CAD 50,000 and John Wheeler for 625,000 units, James Proudfoot for 50,000 units, Grant Loon for 31,250 units and other investors for 137,500 units. All securities issued are subject to hold period expiring on November 25, 2019. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.