On January 10, 2018, Alset Minerals Corp. (TSXV:ION) closed the transaction. The company issued 2,571,429 units at price of CAD 0.07 per unit for gross proceeds of CAD 180,000. The transaction included participation from 3 insiders subscribed for 1,142,857 units for gross proceeds of CAD 80,000. A finder's fee of CAD 7,000 has been paid and 100,000 broker warrants at an exercise price of CAD 0.10 for 24 months have been issued to a registered representative in connection with the transaction.