On July 19, 2021, Horizon Gold Ltd closed the transaction. The company has amended the terms of the transaction and will now issue 7,000,000 units at CAD 0.25 per unit for gross proceeds of CAD 1,750,000. Each unit consists of one common share and one-half of one share purchase warrant. Each full warrant is exercisable to purchase one common share at a price of CAD 0.40 for a period of 18 months from the date of issuance. Finder's fees of CAD 122,500 were paid in cash and 490,000 finder's warrants were issued in connection with the private placement to a registered finder. Each Finder's Warrant is non-transferrable and is exercisable to purchase one common share at a price of CAD 0.25 for a period of two years from the date of issuance. All the securities issued in the private placement, including the Finder's Warrants, and any resulting shares issued upon the exercise of any warrants, are subject to a hold period expiring on November 20, 2021. The transaction included participation from 29 placees and pro group involvement from Darrin Hopkins for 80,000 shares and Harris Watson for 100,000 shares. The company will pay 7% of finder?s fee from the total gross proceeds. The TSX Venture Exchange has accepted for filing documentation with respect to offering.