On July 9, 2021, 1844 Resources Inc. closed the transaction. The company has issued a total of 10,000,000 share for proceeds of CAD 500,000 and 2,500,000 shares for proceeds of CAD 125,000 in its second and final tranche closing. The tranche included participation from management and insider for 8% of proceeds of second tranche. In connection with the second tranche, the company didn’t pay any finders fees in cash or issued non-transferable share purchase warrants. The securities issued under closing are subject to a four months and a day hold period ending November 10, 2021. TSX Venture Exchange has accepted for filings documentation with respect to the transaction. The transaction includes participation from 48 placees including Jaelky Holdings Inc. through Andrew Davidson, Communications Financieres S.D.N.L. Inc. through Sylvain Laberge, Denis Clement and Tom MacNeill for 200,000 shares each. The company paid finder's fees to two finders along with 140,000 non-transferable purchase warrants to purchase 140,000 common shares at a price of five cents per share for a period of 12 months.