On October 20, 2021, Portofino Resources Inc. closed the transaction. The company paid finder's commission of CAD 38,750 in cash and 483,750 broker warrants, which can be exercised under the same conditions as the warrants issued to the subscribers. The transaction was oversubscribed. The TSX Venture Exchange has accepted for filing documentation with respect to offering. The transaction included participation from 30 placees. The transaction included pro group involvement from Magnus Larsson for CAD 200,000 and Total pro group involvement form one place. The company paid CAD 20,700 and 258,750 finder's warrants to Canaccord Genuity Corp. and CAD 18,000 and 225,000 finder's warrants to PI Financial Corp. Each finder's warrant is exercisable to purchase one common share same as the offering at an exercise price of CAD 0.012 for a period of three years.