On August 7, 2020, Esstra Industries Inc. (TSXV:ESS) closed the transaction. The company announced that TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The expiry date for warrants issued in the transaction is August 7, 2022. All securities issued under the transaction, including securities issuable on exercise thereof, are subject to a hold period expiring December 8, 2020. The transaction included participation from 14 placees including six insiders of the company subscribing for CAD 115,000 or 575,000 units. The transaction includes participation from returning investor, Glenn Olnick for 100,000 units, Wynne Olick for 100,000 units, and Peter Damouni for 75,000 units, Peter Dickson of 801546 Alberta Ltd., President and Executive Director of the company, for 125,000 units, David Atkinson, Interim Chief Financial Officer and Director of the company, for 25,000 units, Peter Damouni of Silvergate Capital Partners for 75,000 units, Virginia Olnick, Corporate Secretary, Chief Executive Officer and Director of the company, for 150,000 units. Glenn Olnick now holds 946,000 common shares or approximately 11.53% of issued and outstanding shares, Wynne Olick holds 975,000 common shares or approximately 11.89% of the issued and Peter Damouni now owns 986,500 common shares or approximately 12.03% of the issued and outstanding common shares.