On December 8, 2022, International Prospect Ventures Ltd. closed the transaction.
The TSX Venture Exchange has accepted for filing with respect to the transaction. The transaction included participation from 17 placees, including existing insider involvement for 4.44 million common shares for proceeds of CAD 222,000 and total one pro group involvement for 700,000 common shares. The company paid cash finder's fees in the amount of CAD 1,250 and issued 25,000 finder's warrants exercisable at a price of CAD 0.075 until December 8, 2023, to an arm's length finder. All securities issued under the Offering, including common shares underlying the warrants, are subject to a hold period until April 9, 2023, in accordance with applicable securities legislation and the policies of the TSX Venture Exchange.