On March 26, 2021, Intercontinental Gold and Metals Ltd. (TSXV:ICAU) closed the transaction. The company received CAD 353,970 in the transaction and the company issued 572,000 units for gross proceeds of CAD 77,220 in its second and final tranche to existing investor Gorden Glenn, thereby increasing its stake from 14.44% of the issued and outstanding common shares on a non-diluted basis and 19.98% on a partially diluted basis to approximately 16.80% of the issued and outstanding common shares on a non-diluted basis and 24.10% on a partially diluted basis. The transaction included participation from 3 placees. The company has paid finders fees to Leede Jones Gable Inc. in the transaction. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.