On June 6, 2024, Carlyle Commodities Corp closed the transaction. The company announced that it has issued 2,400,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 120,000 in its first tranche closing. As a part of the tranche, the company paid CAD 4,000 were paid and 80,000 finder?s warrant.

All securities issued in connection with the first tranche are subject to a statutory hold period expiring four months and one day after the date of issuance. As a part of the transaction, the company paid CAD 4,000 and 80,000 finder?s warrants.