On April 15, 2021, Guyana Goldstrike Inc. (TSXV:GYA) closed the transaction. The company issued a total of 27,112,500 units for gross proceeds of CAD 2,711,250 in the transaction and 3,450,000 units for proceeds of CAD 345,000 in its third and final tranche. The company paid a finders' fee of CAD 2,400 in cash and issued 24,000 broker warrants pursuant to the third tranche and paid an aggregate of CAD 12,800 in cash and issued 128,000 broker warrants pursuant to first and second tranches. The finder's included Haywood Securities Inc. for CAD 1,600 cash and 16,000 finder warrants (non-transferable); EMD Financial Inc., for CAD10,400 cash and 104,000 finder warrants (non-transferable); Canaccord Genuity Corp. for CAD 2,400 cash and 40,000 finder warrants (non-transferable). The securities issued pursuant to the final tranche are subject to a statutory hold period until August 16, 2021. In aggregate with the closing of the first and second tranche, certain insiders of the company acquired 1,365,070 units. The transaction was over-subscribed. The company has received acceptance for filing documentation from TSX Venture Exchange with respect to this transaction.