On January 28, 2022, Tymbal Resources Ltd. closed the transaction. The company has issued 17,000,000 units for a total gross proceeds of CAD 170,000.. Each warrant entitles the holder to acquire one additional share at a price of 5 cents per share for a period of five years expiring on January 27, 2027. The hold period for the units expires on May 27, 2022. The company has paid finders' fee of CAD 7,000 in the transaction.