On April 6, 2023, closed the transaction. The company issued 4,281,250 flow through shares at a price of CAD 0.40 per FT share for gross proceeds of CAD 1,712,500. The company issued 282,188 finder's warrants and paid commissions of CAD 112,875.

Each finder's warrant will entitle the holder, on exercise thereof, to acquire one additional common share in the capital of the Company at a price of CAD 0.40 per share for a period of 24 months from the date of issuance. The transaction remains subject to final acceptance of the TSX Venture Exchange. The securities offered in the transaction are subject to a four month and a day transfer restriction from the date of issuance expiring on August 7, 2023, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.