On April 10, 2024, Neotech Metals Corp closed the transaction. The company issued 1,142,858 flow-through units at a issue price of CAD 0.70 per FT Unit for gross proceeds of CAD 800,000.6. Each FT Unit will be comprised of one flow-through common share and one-half of one flow through common share purchase warrant with each Warrant entitling the holder to purchase one common share at a price of CAD 0.80 for a period of three years. The company has paid finder's fees of CAD 56,000.

The securities are subject to a hold period of four months and one day from the date of issue of the FT Units.