On March 15, 2024, MegaWatt Lithium and Battery Metals Corp closed the transaction. The company issued 1,300,000 Shares at CAD 0.10 per Share for gross proceeds of CAD 130,000 in its final tranche. All securities issued in connection with the Concurrent PP are subject to a statutory hold period of four months plus a day in accordance with applicable securities legislation ending on July 16, 2024.

In connection with the Concurrent PP, the Company has paid an eligible finder a cash commission in the aggregate amount of CAD 3,850.