On June 21, 2023, Cosa Resources Corp. closed the transaction. The company amended the terms of the transaction and issued 4,450,830 hard dollar units at an issue price of CAD 0.35 per hard dollar unit for gross proceeds of CAD 1,557,790.5 and 7,767,000 charity flow-through units at an issue price of CAD 0.515 per charity FT unit for gross proceeds of CAD 4,000,005 for aggregate gross proceeds of CAD 5,557,795.5 which included exercised the over allotment option of 1,593,630 hard dollar units.

The company has paid the agent fees of CAD 333,467.76 in the transaction other than in respect of units issued to certain purchasers on a president?s list agreed upon by the company and the agent issued compensation options to the agent to acquire that number of common shares which is equal to 6% of the number of units sold under the offering. Each compensation option entitles the holder thereof to acquire one compensation option share for a period of 24 months from the closing date of the transaction, at an exercise price of CAD 0.35. The transaction also included participation from certain directors and officers for 231,431 hard dollar units at an issue price of CAD 0.35 gross proceeds of CAD 81,000.85 under the transaction.

The company has issued 2,053,100 hard dollar units at an issue price of CAD 0.35 per hard dollar unit for gross proceeds of CAD 718,585 pursuant to regulation D from 3 investors.