On February 24, 2021, Kalo Gold Holdings Corp. (TSXV:KALO)closed the transaction. The transaction included participation from 92 placees, including professional group involvement for 2,355,000 shares from 11 placees. The company paid a cash commission of an aggregate of CAD 114,134 to finders in aggregate, CAD 28,434 to PI Financial Corp., CAD 12,000 to Leede Jones Gable, CAD 27,200 to Echelon Wealth Partners, CAD 31,500 to Haywood Securities Inc., and CAD 15,000 to Canaccord Genuity Corp. All securities issued are subject to a statutory hold period of four months and one day expiring on June 24, 2021. In connection with the closing, the company issued an aggregate of 1,535,000 shares at a deemed price of CAD 0.20 per share to Lambeth Consulting Inc., an arms'-length third party, pursuant to a finder's fee agreement dated November 4, 2020, as amended on January 22, 2021. The company has received acceptance for filing documentation from TSX Venture Exchange with respect to this transaction. The transaction included participation from Nesbitt Delta for 10,625,000 shares.