On May 3, 2024, DLP Resources Inc. closed the transaction. The company issued an aggregate of 16,059,205 units of the Company at an issue price of CAD 0.40 per Unit for gross proceeds CAD 6,423,682, comprised of 12,056,705 Units issued under the Brokered Offering and 4,002,500 Units issued under the Non-Brokered Offering. In connection with the Brokered Offering, the Agents received an aggregate cash fee of CAD 287,680.46.

In addition, the Company granted the Agents 719,201 non-transferable compensation warrants. Each Compensation Warrant will entitle the holder thereof to purchase one Common Share at the Offering Price for a period of 24 months following the closing of the Offering. In addition, the Company paid an aggregate cash fee of CAD 112,070 and granted 280,175 finder?s warrants to certain eligible finders in connection with the Non Brokered Offering.

Each Finder?s Warrant will entitle the holder thereof to purchase one Common Share at the Offering Price for a period of 24 months following the closing of the Offering.