On July 30, 2020, Blackheath Resources Inc. (TSXV:BHR) closed the transaction. The company issued 4,539,090 units at a price of CAD 0.055 per unit for gross proceeds of CAD 249,649.95. The transaction involved participation from 11 placees, including aggregate professional involvement of 1,810,000 units. The transaction included participation from David Rokoss, independent director of the company, for 83,636 units. The company has paid finders’ fee which included cash fee totaling CAD 13,988.8 and 254,341 warrants in the transaction. Canaccord Genuity Corp. was paid finder’s fee of CAD 9,788.45 and 177,971 warrants and Haywood Securities Inc. was paid finder’s fee of CAD 4,200.35 and 76,370 warrants. The finders’ warrants are exercisable into common shares at CAD 0.07 per share for a three-year period. The TSX Venture Exchange has accepted filing documentation with respect to the transaction.