On March 28, 2024, EV Nickel Inc. closed the transaction. The company has paid the agents a cash fee equal to CAD 358,382.52 and 446,017 compensation warrants. Each compensation warrant entitles the holder thereof to one common share at a price of CAD 0.75 per common share until the close of business on the date which is 24 months from the closing date of the offering.

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement. The transaction included participation from 12 placees.