On December 21, 2023, Emperor Metals Inc. closed the transaction. In connection with the offerings, the company paid a total of CAD 72,180 in cash and issued 672,181 finder?s warrants to eligible finders for certain of the FT Shares sold. Each finder?s warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.20 per share until December 21, 2025.

All securities issued are subject to a hold period until April 22, 2024