On April 11, 2024, Atco Mining Inc. closed the transaction. The company issued 3,635,463 non-flow-through units at a price of CAD 0.05 per NFT unit for gross proceeds of CAD 181,773 under final tranche. Each NFT Unit consists of one common share of the company and one transferable common share purchase warrant, entitling the holder thereof to purchase one additional share at a price of $0.15 until April 11, 2026.

The securities issued in connection with the final tranche are subject to a statutory hold period until August 12, 2024, under applicable Canadian securities laws. The company didn't pay any finder's fees.