On August 20, 2021, Tesoro Minerals Corp. closed the transaction. The company paid a finder’s fee to Haywood Securities Inc. in respect of subscribers introduced to the company, which consisted of a cash payment of CAD 15,000. All securities issued are subject to a four month and one-day restricted resale period expiring on December 19, 2021. The transaction included participation from 11 investors including insider, David Elliott for 900,000 units and total pro group investors for CAD 2,600,000 from four investors.