On July 6, 2022, SKRR Exploration Inc. closed the transaction. The company has amended the terms of the transaction. The company issued 2,991,700 flow-through units at a price of CAD 0.06 per Flow Through unit and 909,091 units of the company at a price of CAD 0.055 per unit for gross proceeds of CAD 229,502. In connection with the Private Placement, the Company paid aggregate cash finder's fees of CAD 12,250.14 and issued 64,169 non-transferable finder warrants that are exercisable for a period of two years from the date of issuance at a price of CAD 0.08 per share.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 7 placees including total pro group involvement of 2 placees for 416,700 flow-through shares. The company paid finder's fee to BMO Nesbitt Burns Inc. for CAD 8,400 in cash, Raymond James Ltd. for CAD 1,260 in cash and 21,000 broker warrants, Red Cloud Securities Inc. for CAD 2,590.14 and 43,169 broker warrants. Each broker warrant is non-transferable and is exercisable into one common share at CAD 0.08 per share for a two-year term.