On August 4, 2020, Lovitt Resources Inc. (TSXV:LRC.H) closed the transaction. The company issued 1,724,012 units for total gross proceeds of CAD 258,602. The company paid finder's fees of CAD 3,400 in form of cash to Haywood Securities Inc. All the securities are having a hold period of four-month under applicable Canadian securities laws. The transaction included participation from 20 placees. TSX Venture Exchange has accepted filling documentation for the transaction.