On April 29, 2022, Black Mammoth Metals Corporation closed the transaction. The company announced that it has issued 800,000 units at an issue price of CAD 0.10 per unit for gross proceeds CAD 80,000 in its second and last tranche. An insider, Hollie Henderson of the company participated in the tranche for 800,000 units .

All securities will be subject to a four-month hold period. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 10 placees.

The company paid finders fees of CAD 3,750 to Canaccord Genuity Corp.