On September 1, 2021, Hanstone Gold Corp. closed the transaction. The company received gross proceeds of CAD 1,761,629. In the second tranche, the company raised gross proceeds of CAD 438,210 through the issuance of 972,500 units at a price of CAD 0.40 per Unit and 111,841 flow-through units at a price of CAD 0.44 per flow-through units. In connection with closing, the company paid finder’s fees of CAD 16,032 and issued 39,800 non-transferable compensation options, each entitling the holder thereof to purchase one Unit at an exercise price of CAD 0.40 for 24 months. The securities issued under the closing of the second tranche of the transaction are subject to a hold period of four months and a day, expiring January 1, 2022. The TSX Venture Exchange has accepted for filing documentation with respect to offering. The transaction included participation from 22 placees. The company paid finder’s fee to Canaccord Genuity Corp of CAD 14,800 cash and 37,000 finder's warrants and Leede Jones Gable of CAD 1,232 cash and 2,800 finder's warrants.