On September 14, 2020, Sphinx Resources Ltd. (TSXV:SFX) closed the transaction. The company has issued 30,200,000 units at a price of CAD 0.02 per unit for the gross proceeds of CAD 604,000. The transaction included participation from 20 placees including Pierre-Andr Viens for 250,000 units, IM Capital Inc.for 1,000,00 units and Aggregate ProGroup for 1,000,000 units. The transaction include participation from insiders of the company for CAD 25,000. The company has paid CAD 26,250 as a finders fees in the transaction. The securities issued in the transaction are subject to four month hold period expiring January 15, 2021. The company accepted TSX Venture Exchange filing.