On November 1, 2021, NGEx Minerals Ltd. closed the transaction. The transaction included participation from insiders subscribing for a total of 11,250,000 common shares for aggregate proceeds of CAD 9,000,000. In connection with the transaction,the company paid cash finder?s fees of CAD 155,500 PI Financial, CAD 310,500 for Pareto Securities, CAD 25,000 for Trimark Capital and CAD 171,500 Haywood Securities. The common shares issued under the transaction will be subject to a hold period expiring on March 2, 2022. TSX venture exchange has accepted filling documentation for the transaction. The transaction included participation from 47 placees and pro-group involvement of six placees. The transaction included participation returning investors Zebra Holdings & Investments S.a.r.l for 8,167,844 shares and Lorito Holdings S.a.r.l. for 3,082,156 shares. The transaction included participation from Robert Disbrow for 800,000 shares; Relling Family Foundation for 35,000 shares; Alison Lam for 25,000 shares ; David Lyall for 975,000 shares ; Farid Derakhshan for 25,000 shares ; and Thomas Relling for 50,000 shares.