On a March 31, 2022, Namibia Critical Metals Inc. closed the transaction. The transaction included participation from 20 placees. The common shares and warrants of the company issued pursuant to the transaction are subject to a four-month hold period expiring August 1, 2022.

The company paid finder's fees of CAD 16,200 to Wellington-Altus Private Wealth Inc. (CAD 3,000), Canaccord (CAD 900), Haywood Securities Inc. (CAD 6,000), GloRes Securities Inc. (CAD 4,800) and BMO Nesbitt Burns Corp. (CAD 1,500). The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.

The company has raised CAD 149675.3822 through regulation D from single investor.