On December 22, 2020, Au Gold Corp. (TSXV:SCH.P) closed the transaction. The company issued 10,000,000 flow-through common shares and 11,000,000 units of the company for gross proceeds of CAD 2,100,000. The company paid cash finder’s fees of CAD 105,150 and issued 1,051,500 warrants, i.e., CAD 58,950 and 589,500 finder's warrants to PI Financial Corp., CAD 30,000 and 300,000 finder's warrants to Canaccord Genuity Corp., CAD 9,000 and 589,500 finder's warrants to Echelon Wealth Partners Inc.; CAD 7,200 and 72,000 warrants to Mezzo Consulting Services S.A. Each finder's warrant entitles the holder to acquire one share at a price of CAD 0.10 for a period of two years from closing. The transaction included a participation from 75 placees, including Mark Brown who subscribed for 100,000 shares, William Wengzynowski, who subscribed for 250,000 units and Marc Blythe of Malaspina Mining Solutions Ltd. who subscribed for 50,000 units, pro groups Grace Hensel who subscribed for 250,000 units, Tanya Graham who subscribed for 150,000 units, Timothy Johnston who subscribed for 225,000 units, Brady Rak who subscribed for 350,000 units, John Eyemann of Eyemann Investments Corp. who subscribed for 100,000 units; Adam Spencer who subscribed for 125,000 units, Bernhard Hensel who subscribed for 250,000 shares, Brodie Dunlop who subscribed for 200,000 shares, Harj Thind who subscribed for 50,000 shares, David Goguen who subscribed for 250,000 shares, Dan Barnholden, 350,000 shares and 250,000 units, Tim Graham who subscribed for 150,000 shares, Bernard DeGroot who subscribed for 1,000,000 shares, John Eyemann who subscribed for 200,000 shares, Todd Eyemann who subscribed for 100,000 shares and 100,000 units.