On May 21, 2015, Wolverine Minerals Corp announced that it has received CAD 0.015 million in its second and final tranche of the transaction. The company has raised CAD 0.174 million in funding so far in the transaction. The company did not pay any finder's fees.

Insiders of the company purchased convertible debentures in the aggregate of CAD 0.015 million which Thomas Doyle, Chief Executive Officer for CAD 0.12 million Logan Anderson, Chief Financial Officer for CAD 0.003 million, Malcolm Clay for CAD 0.001 million and Gregory Burnett for CAD 0.004 million. The securities issued are subject to a restricted period that expires on September 22, 2015. The company announced that TSX Venture Exchange has accepted filing documentation with respect to the transaction.

The transaction included participation from six placees.