On January 12, 2017, Enablence Technologies Inc. (TSXV:ENA) closed the transaction. The company issued 6,250,000 common shares for gross proceeds of CAD 500,000 in its second and final tranche. All securities are subject to a four-month hold period until May 13, 2017. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction till now has included participation from three placees.