On December 29, 2021, American CuMo Mining Corporation closed the transaction. The transaction was oversubscribed. The transaction will include participation from 11 placees including Wayne Kettleson for 100,000 units, John Moeller for 250,000 units, S. Rudofsky for 1,250,000 units, A. Brodkey for 820,000 units, R. Scannell for 3,050,000 units, P. Czerniej for 3,250,000 units and CuMo for 5,555,000 units. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The company paid finder's fee of CAD 600 to Haywood Securities Inc and CAD 700 to Echelon Capital Markets. The hold period for the shares
issued in the transaction expires on April 30, 2022. The transaction has been approved by the TSX Venture Exchange.