On March 5, 2021, TRU Precious Metals Corp. (TSXV:TRU) closed the transaction. The company has issued 15,910,053 subscription receipts for gross proceeds of CAD 3,500,211.66 in the transaction. The transaction also included participation from from several institutions both in Canada and the United States and from existing long-term shareholders of the company. The transaction also included participation from insiders of the company for CAD 104,699.98. Each warrant issued in the unit on exercise of subscription receipt of the company will be exercisable at a price of CAD 0.35 for a period of 36 months from the closing of the transaction. The transaction included participation from 108 placees including Resurgent Capital Corp. for 227,273, Barry Greene for 113,636, David Hladky for 85,000 and Robert Harrison for 50,000 The company paid finders fees of CAD 112,696.61 and issued 526,257 non-transferrable finder warrants to purchase one share of the company at a price of CAD 0.22 per share for a period of 36 months from the closing of the transaction. All the securities issued in the transaction shall have a hold period expiring on July 5, 2021. The transaction is subject to final approval from the TSX Venture Exchange. The transaction has been oversubscribed.