On December 22, 2022, Green Shift Commodities Ltd. closed the transaction. The company issued 15,380,371 units for proceeds of CAD 2,307,055.65. The company paid finder's fees of CAD 194,922 and issued 702,916 non-transferable finder warrants to Red Cloud Securities Inc., Stephen Avenue Securities Inc., Canaccord Genuity Corp.

and Haywood Securities Inc. Each finder warrant entitles the holder to purchase one common share at an exercise price of CAD 0.15 until December 22, 2024. The transaction includes participation from returning investor, Mega Uranium Ltd. for 3,333,000 units. The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

The transaction included participation from 45 placees including existing insider involvement of one placee for 3,333,333 and pro group involvement of seven placees for 1,578,333. All securities issued and issuable pursuant to the offering are subject to a four month and one day statutory hold period.