On May 28, 2024, Kingfisher Metals Corp. closed the transaction. The company has issued 6,869,998 units at a price of CAD 0.175 per unit for aggregate gross proceeds of up to CAD 1,202,249.69 in its second and final tranche closing. The company has now issued total 11,391,212 Units and 511,111 flow-through units for aggregate total gross proceeds of CAD 2,108,462.08 in the transaction. In connection with the second tranche of the Offering, commissions on the sale of the Units were paid to an eligible finder in accordance with the policies of the TSX Venture Exchange and applicable securities law. The company paid a cash commission of CAD 630 and issued 3,600 finder warrants to a Finder. All securities issued pursuant to the Offering, including common shares issuable upon the exercise of
warrants or Finder Warrants, are and will be subject to a hold period of four months and one day after the date of closing of the second tranche of the Offering. Crescat Portfolio Management LLC participated in the second tranche of the Offering by purchasing 2,857,142 Units for an aggregate subscription price of CAD 500,000.