On October 22, 2021, NG Energy International Corp. closed the transaction. The transaction included participation from 6 placees including D. Jeffrey Harder for 7,500 units for CAD 7,500. In connection with completion of the placement, the company has paid a CAD 6,000 in cash commission to Haywood Securities Inc. and issued 60,000 units to Beacon Securities Ltd., 35,100 units to Canaccord Genuity Corp., 46,500 units to Eventus Capital Corp, an aggregate 141,600 in units, on the same terms as those issued in the financing to eligible parties who introduced subscribers. Each finder's unit comprises one common share at a price of CAD 1 per share, with one non-transferable warrant attached, exercisable to purchase one common share at a price of CAD 1.20 per share for a two-year period, subject to an accelerated expiry. All securities issued in connection with the private placement are subject to a four month and one day statutory hold period expiring on February 23, 2022, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. On October 26, 2021, The company has received acceptance for filing documentation from TSX Venture Exchange with respect to this transaction.