On January 15, 2021, TNR Gold Corp. (TSXV:TNR) closed the transaction. The company has issued 1,870,000 units for CAD 93,500 in its final tranche. The company has paid a cash finder’s fee of 5% of the gross proceeds in the transaction. The transaction included participation from 11 placees, including Kirill Klip, executive chairman of the company, Maurice Brooks, chief financial officer, Greg Johnson, director, and Konstantin Klip, director of the company in this transaction. The company has paid finder’s fee of CAD 2,625 to Nicholas Winton. The transaction is subject to final approval of the TSX Venture Exchange. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.