On April 27, 2021, Prime Mining Corp. (TSXV:PRYM) closed the transaction. The company issued 9,746,250 units for gross proceeds of CAD 28,751,438 which includes exercise of over-allotment option.

The warrants can be exercised until April 27, 2024. The transaction included participation from 28 placees, including insider of the company Pierre Lassonde, Firelight Holdings LLC for an aggregate of 770,978 units. All securities issued are subject to a hold period until August 28, 2021.

The company has received acceptance for filing documentation from TSX Venture Exchange with respect to this transaction.