On November 22, 2021, Consolidated Uranium Inc. closed the transaction. The transaction was over-subscribed and strongly institutionally subscribed. All securities issued in connection with the transaction are subject to a statutory hold period ending on March 23, 2022.

The warrants issued in the transaction are exercisable at any time on or before November 22, 2023. The company raised CAD 925,472 pursuant to regulation D in the transaction from 5 investors. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.

The transaction includes participation from 51 placees.