On May 18, 2022, GGX Gold Corp. closed the transaction. The company issued 2,012,333 units for gross proceeds of CAD 301,850.

The company paid a cash commission of CAD 14,715 and issued 49,050 broker warrants to EMD Financial Inc. and paid CAD 700 and issued 4,667 broker warrants to PI Financial Corp in the transaction. All securities issued in connection with the offering will be subject to a hold period expiring September 14, 2022. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.