On December 23, 2021, Hanstone Gold Corp. closed the transaction. Insiders of the company purchased an aggregate of 750,000 units and 600,000 flow through common shares under the Offering, for gross proceeds of CAD 300,000. The company paid finders fees of CAD 7,350 and issued 31,150 non transferable compensation options, each entitling the holder thereof to purchase one common share at an exercise price of CAD 0.30 for 24 months, provided that if the common shares trade at or above CAD 0.40 per share for 10 consecutive trading days, then the expiry date of the compensation options will be automatically accelerated to the date that is 30 days after the date the Company provides an acceleration notice by press release to the holders of the compensation options. The securities issued under the Offering are subject to a four month hold period expiring April 24, 2022. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction includes participation from 23 placees including Gurbakhshish Hans for 600,000, Gurbakhshish Hans through Rock West Capital Corp for 750,000 and pro group involvement for 25,000. The company paid finder fees of CAD 6,650 to Leede Jones Gable Inc and 28,350 finder's warrants, fees of CAD 700 to PI Financial Corp and 2,800 warrants. Each finder's warrant is exercisable to purchase one common share at an exercise price of 30 cents for a one-year period, subject to accelerated expiry.