On December 18, 2017, Glacier Lake Resources Inc. (TSXV:GLI) closed the transaction. The company issued 3,700,750 non-flow-through units at a price of CAD 0.06 per unit and 6,062,500 flow-through units at a price of CAD 0.08 per unit for gross proceeds of CAD 707,045. The transaction was oversubscribed. Each Broker Warrant entitles the holder to purchase one share at a price of CAD 0.10 for a period of twenty-four 24 months. On January 16, 2018, the TSX Venture Exchange has accepted the filing documentation of the transaction. The transaction included participation from 31 placees including Satvir S. Dhillon, CEO, President and Director for 1,000,000 non-flow-through units, Scott Davis, CFO for 131,250 non-flow-through units, John Coletta for 625,000 flow-through units, Bernie Hensel for 250,000 flow-through units and Lilia Coletta for 625,000 flow-through units. The company paid finder's fees of CAD 12,720 Cash and 167,000 broker warrants to Echelon Wealth Partners, 77,560 Common shares and 77,560 broker warrants to Canaccord Genuity Corp., 350,000 broker warrants to Haywood Securities Inc.