On December 30, 2021, Minnova Corp. closed the transaction. The company issue 2,307,692 common shares for gross proceeds of CAD 299,999.96 in the transaction. In connection with the transaction, the Company paid certain eligible persons a cash commission of aggregate of CAD 17,549.36 and an aggregate of 107,694 broker warrants. Each broker warrant is exercisable into common shares at a price of CAD 0.15 per Common Share until March 30, 2023. An insider of the Company subscribed for 314,192 flow through shares pursuant to the transaction.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from nine placees as well as Gorden Glen, Chief Executive Officer, President, and Director of the company for 314,192. The company paid aggregate of CAD 17,549.36 in cash and issued 107,694 finders' warrants, to BlackBridge Capital Management Corp., Accilent Capital Corp. and John Keeney. Each finder's warrant entitles the holder to acquire one common share at CAD 0.15 until March 30, 2023.