On April 20, 2023, Zonte Metals Inc. closed the transaction. The company has amended the terms of the transaction. The company will now issue 1,022,000 common share units at a price of CAD 0.10 for the gross proceeds of CAD 102,200.

The Company paid CAD 6,132 in cash and issued 61,320 Finders' Warrants to one Eligible Finder who was at arm's length to the Company. Finders' Fees paid in connection with the offering were subject to and in accordance with Exchange and regulatory policies. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.