On April 1, 2015, Petromin Resources Ltd. closed the transaction. The company issued 1,150,000 units for proceeds of CAD 34,500 in its second and final tranche close. The company issued 11,283,333 units for total gross proceeds of CAD 338499.99 in the transaction.

The warrants issued will expire on March 31, 2017. The securities issued are subject to hold period expiring on August 2, 2015.