On February 14, 2023, Zincore Metals Inc. closed the transaction. The company issued 19,080,000 Units at an issue price of CAD 0.01 per Unit for the gross proceeds of CAD 190,800. The securities issued in connection with the Offering are subject to a statutory hold period of four months plus a day, which expires on June 15, 2023.

No proceeds of the transaction were paid to any non-arm's length parties or for investor relations activities. Finders' fees were not paid in connection with the transaction. The transaction included participation from 9 placees.

TSX Venture Exchange has accepted for filing documentation with respect to the transaction.