On February 28, 2024, Jinhua Capital Corporation closed the transaction. The company issued 1,950,000 flow-through units for gross proceeds of CAD 117,000 in its third tranche. The company has paid CAD 6,160 in finders fees to eligible finders in connection with the second tranche, also issued 51,333 finders warrants and 51,333 finders shares.

Each finder?s warrant shall entitle the holder thereof to purchase one additional common share at a price of CAD 0.10 for 12 months from the closing of the offering.