On July 20, 2021, Blue Star Gold Corp. closed the transaction. The company has issued 1,276,741 flow-through shares and 6,847,549 common shares at a price of CAD 0.70 per flow-through common shares and Share raising gross proceeds of CAD 5,687,002.80 in second and final tranche. The company has raised CAD 8,426,630.60. The company has paid CAD 38,952.91 to EMD Financial Inc., Red Cloud Financial Services Inc. and Dundee Goodman Merchant Partners and issued an aggregate of 229,051 finder's shares. The transaction includes participation from returning investor, Dr. Georg Josef Pollert for 3,030,025. The investor now holds 23,549,667 shares,150,000 options and 1,250,000 warrant. The transaction is subject to final approval from TSX Venture Exchange.