On October 23, 2023, Emergent Metals Corp. closed the transaction. The company amended the terms of the transaction and issued 1,680,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 168,000. The offering remains subject to final approval of the TSX Venture Exchange. The company will pay aggregate finders' fees of CAD 3,360 and 33,600 share purchase warrants in connection with subscriptions from subscribers introduced to the offering by qualified finders. Each whole Warrant is exercisable to acquire one Share at an exercise price of CAD 0.12 per Share until October 23, 2025, which is 24 months from the date of issuance.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 2 placees.