On March 16, 2022, Abacus Mining & Exploration Corporation closed the transaction. The company has issued 1,000,000 units for a gross proceeds of CAD 60,000. The company has issued 12,666,667 units for total gross proceeds of CAD 760,000.02.

All the securities issued in the final tranche are subject to a statutory four month hold period expiring July 17, 2022.