On October 26, 2021, Aurcana Silver Corporation closed the transaction. The company issued 13,806,072 units for gross proceeds of CAD 9,664,250. The transaction included participation from 56 placees and a pro investment group consisting of two places for 312,000 units. The company paid an aggregate of CAD 518,115 in finder?s fees Blue Lake Advisors SA a fees of CAD 69,720 and 99,600 finder's warrants, Roche Securities Ltd., a fees of CAD 16,800 and 24,000 finder's warrants, Haywood Securities Inc., a fees of CAD 12,600 and 18,000 finder's warrants, PI Financial Corp., a fees of CAD 7,896 and 11,280 finder's warrants, Canaccord Genuity Corp., a fees of CAD 213,759 and 305,370 finder's warrants, Sightline Wealth Management, a fees of CAD 4,200 and 6,000 finder's warrants, Four Points Capital Partners LLC, a fees of CAD 6,540 and 9,343 finder's warrants, Corecam Pte. Ltd., a fees of CAD 54,600 and 78,000 finder's warrants, and Tamesis Partners LLP, a fees of CAD 132,000 and 185,571 finder's warrants and issued an aggregate of 740,164 agent?s warrants, with each warrant entitling the holder to purchase one share at a price of CAD 0.90 for a period of 36 months from the date of issuance. The securities will be subject to a statutory hold period expiring on February 23, 2022. The company has issued CAD 1,331,854.641 of securities pursuant to exemption provided under Regulation D from 7 investors. On October 30, 2021, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.