On October 20, 2023, Copper Road Resources Inc. closed the transaction. The company issued 1,750,000 flow-through units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 175,000. Each FT Unit was comprised of one common share and one common share purchase warrant. Each Warrant shall entitle the holder to purchase one common share of the Company at a price of CAD 0.15 at any time on or before October 20, 2025. The Company also paid cash fees and issued finder warrants to an eligible finder equal to 7% of the aggregate gross proceeds raised, and 7% of the aggregate number of flow-through units sold by such finder pursuant to the offering. Each finder?s warrant entitles the holder to acquire one common share in the capital of the company at a price of CAD 0.10 for a period of 24 months following the closing of the offering.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from one placee. The company has paid finder's fees of CAD 12,250 in cash and issued 122,500 warrants in the transaction.