On January 22, 2024, EV Minerals Corporation closed the transaction. The company has issued 1,082,433 units at a price of CAD 0.10 per unit for gross proceeds of CAD 108,243 in its second and final tranche closing. The company has issued total 4,272,433 Units at a price of CAD 0.10 per unit for total gross proceeds of CAD 427,243 in the transaction.

In connection with the Offering, the company paid certain eligible finders an aggregate of CAD 3,500 in cash and issued an aggregate of 35,000 finder?s warrants to such finders. Each finder?s warrant entitles the holder thereof to acquire one common share at a price of CAD 0.10 per common share until that date that is 12 months from the date of issuance.