On June 9, 2021, Mammoth Resources Corp. (TSXV:MTH) closed the transaction. The company issued 20,349,965 units for gross proceeds of CAD 2,848,995. The expiry date on the four-month hold period for the securities issued under this private placement has been set as October 11, 2021. The transaction included participation from 48 placees and insiders including president and chief executive officer Thomas Atkins for 250,000 units, vice president, Richard Simpson for 250,000 units. The transaction has been conditionally approved by the TSX Venture Exchange and is subject to receiving final approval from TSX Venture Exchange. Finders' fees of CAD 14,710.00 in cash were paid on this Private Placement including CAD 3,150 in cash to Canaccord Genutiy Corp., CAD 5,075 in cash to Sprott Capital Partners LP, CAD 6,485 in cash to Leede Jones Gable. The round was oversubscribed.