On May 17, 2024, Atco Mining Inc. closed the transaction. The company announced that it has issued 4,114,870 flow-through units at an issue price of CAD 0.0575 per unit for the gross proceeds of CAD 236,605.025. Each FT Unit will consist of one common share and one share purchase warrant.

Each Warrant will entitle the holder to purchase one common share of the Company at a price of CAD 0.15 for a period of 24 months. In connection with closing of the Offering, the Company paid finders? fees of CAD 19,580 and issued 141,395 units and 22,400 Warrants to certain arms-length parties who assisted in introducing subscribers.

Each Finders? Unit is comprised of one common share of the Company and one Warrant