On May 9, 2024, Tocvan Ventures Corp. closed the transaction. The company issued 1,201,600 Units at a price of CAD 0.35 per Unit for gross proceeds CAD 420,560.

The combined Offerings resulted in gross proceeds of CAD 2,520,390.In connection with the Offering, the Company paid aggregate cash commissions to arm's length finders who assisted with the Offering of approximately CAD 11,641 and issued 33,260 finders' warrants. Each Finder's Warrant is exercisable at a price of CAD 0.35 per Common Share for a period of 36 months from the closing of the Offering.