On March 9, 2022, Signature Resources Ltd. closed the transaction. The company issued 19,692,335 non-flow-through shares and 18,082,800 flow-through shares for aggregate gross proceeds of CAD 2,447,336.10. Each NFT Share was issued at a price of CAD 0.06 and each FT Share was issued at a price of CAD 0.07. The Company paid finder's fees of CAD 8,261.40 and issued 137,690 finder warrants exercisable at CAD 0.10/share for a period of 12 months from closing. All securities issued in the Offering are subject to a statutory hold period ending July 10, 2022, and the Offering is subject to final acceptance of the TSX Venture Exchange. the round was oversubscribed.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 28 placees and insiders such as Lisa G. Davis, for 1,428,572 shares; Paolo Lostritto, for 3,095,239 shares; John Hayes for 1,450,000 shares; Donna McLean for 166,667 shares; Robert Vallis for 1,000,000 shares; Stephen Timms for 325,000 shares; and John D. Denbow for 3,400,000 shares. The company paid finder's fee to Amvest Capital for CAD 8,261.40 in cash and issued 137,690 finder warrants. Each finder warrant is exercisable into one common share at CAD 0.10 until March 9, 2023. The company raised CAD 553,544.439 pursuant to Regulation D from 3 investors.