On April 7, 2022, Meryllion Resources Corporation closed the transaction. The company has issued a total of 6,154,615 common shares at a price of CAD 0.065 per share for gross proceeds of CAD 400,050. Certain insiders of the company subscribed for a total of 2,307,693 common shares pursuant to the transaction.

All common shares issued pursuant to the transaction are subject to a hold period of four months and one day from the date of issuance. David Steinepreis, Chief Financial Officer of the company, indirectly through returning investor Croesus Mining Pty Ltd. acquired 769,231 common shares valued at CAD 50,000.