On October 1, 2021, Comstock Metals Ltd. closed the transaction. The company issued an aggregate of 1,715,000 flow-through units and 2,225,000 units pursuant to the for aggregate gross proceeds of CAD 388,900. The transaction included participation from Nancy Carroll Professional Corporation subscribing to 1,000,000 units for CAD 900,000, Arnold Tenney's spouse subscribed to 450,000 flow-through units for CAD 49,500 pursuant to the transaction. The securities will be subject to a statutory hold period ending on February 2, 2022. The Company paid finder's fees totaling CAD 13,398 and issued 125,300 broker warrants as compensation to Richardson Wealth Ltd. that assisted with the offerings. Each broker warrant entitles the holder thereof to acquire one common share at a price of CAD 0.09 per share at any time on or before October 1, 2023. TSX Venture Exchange has accepted filing documentation with respect to the transaction which included participation from 16 placees including insider Lana Tenney for 450,000 units.