On February 17, 2021, Lithium South Development Corporation (TSXV:LIS) closed the transaction. The company issued 6,910,000 units for gross proceeds of CAD 2,358,038 in its final tranche. The company paid aggregate finder's fees of CAD 162,234.81 and 575,472 finder's warrants to Public Eye Consulting Busche of CAD 10,455.90; 130,699 warrants, Nathan Rotstein of CAD 83,610.81; 245,013 warrants, Canaccord Genuity Corp. of CAD 48,839.70; 143,120 warrants, Haywood Securities Inc. of CAD 4,941.30; 14,480 warrants, PI Financial Corp. of CAD 13,267.80; 38,880 and Richard Savage of CAD 1,119.30; 3,280 warrants. The finder's warrants are non-transferable and exercisable at CAD 0.455 per finder's warrant for a period of 5 years. The TSX Venture Exchange has accepted for filing documentation with respect to offering. The transaction included participation from 212 placees, including, 1065068 BC Ltd. for 30,000 shares, Cherry Consulting Ltd. for 150,000 shares, Adrian Hobkirk for 300,000 shares and aggregate pro-group involvement for 260,000 shares. The company raised $5,638(CAD 7,166.4618) pursuant to Regulation D from single investor.