The underwriter had the option to buy just the 1,636,350 Warrants associated with the overallotment for $.035 each which gives him the right to buy a common share for .75. But instead they chose to buy the units for .55 each which gives them one share plus 1/2 a warrant. 

The TSX Venture Exchange has been advised that the closing of the offering occurred on March 21, 2018, for gross proceeds of $13,799,885.

Offering:  25,090,700 units (includes the 3,272,700-unit overallotment option exercised in full)

Unit price:  55 cents per unit (Each unit consists of one common share and one-half of one common share purchase warrant.)

Warrant exercise price/term:  Each whole warrant is exercisable into one common share at 75 cents for a two-year period.

Underwriters:  Cormark Securities Inc. and H.C. Wainwright & Co. LLC