On May 12, 2023, Mineral Mountain Resources Ltd. closed the transaction. The amended the terms of the transaction. The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

The company issued 3,657,510 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 365,751 in the transaction. The securities issued pursuant to the transaction are subject to applicable statutory resale restrictions, including a hold period expiring on September 13, 2023 pursuant to applicable Canadian securities laws. The transaction included participation from Brian Corrall, Terry Lyons and Tom Wilson for 794,170 units.

The transaction also included participation from 11 placees. The company has paid CAD 500 finder fees in the transaction.