On May 17, 2021, Inflection Resources Ltd. (CNSX:AUCU) closed the transaction. The company issued 13,867,156 units for gross proceeds of CAD 4,437,490 in the oversubscribed transaction. The transaction included participation from 7 investors including new investor Crescat Portfolio Management LLC, insiders of the company including RCF Opportunities Fund L.P., a fund managed by RCF Management, LLC for a total of 1,536,531 units and existing shareholders as well as from new investors. Finders’ fees of CAD 158,832 in cash and 468,225 broker warrants exercisable at CAD 0.32 per common share for a one-year term were paid on a portion of the transaction. All securities issued are restricted from trading until September 15, 2021.