On November 9, 2021, C3 Metals Inc. closed the transaction. The company has issued 101,582,178 common shares for gross proceeds of CAD 19,300,613.82. The company has made partial exercise of the over-allotment option. All securities issued in connection with the transaction are subject to a statutory hold period of four months and one day from the date of issuance. The company has received CAD 12,490,011 pursuant to Regulation D in the transaction from 5 investors. On November 15, 2021, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.