On December 2, 2021, ATEX Resources Inc. closed the transaction. Including the exercise in full of the agent’s option at closing, a total of 59,800,000 units were issued for gross proceeds of CAD 8,521,500 in the transaction. The transaction included participation from certain insiders of the company for 4,319,772 units. The transaction includes participation from Raymond Jannas, President, Chief Executive Officer, director of the company for 701,755 units, Craig Nelsen, independent chairman of the company for 3,510,000 units, Pierre Lassonde for 10,030,000 units. The TSXV has conditionally approved the issuance of securities in the transaction but the issuance remains subject to their final approval. All securities issued are subject to a statutory hold period of four months and one day from the date of issuance. The hold period will end on April 3, 2022. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.