On March 12, 2021 (“Final Closing Date”), the Dakota Territory Resource Corp. and JR effected the second and final closing under this Agreement, as amended, whereby JR purchased 72,900,000 shares of Company common stock for aggregate consideration of $10,935,000, $10,635,000 in cash and $300,000 upon conversion of the principal amount of a promissory note issued in January 2021 (“Final Closing”). The Company will utilize the proceeds of the Final Closing to fund the execution of business and exploration strategies, for working capital and for other corporate purposes. The Final Closing resulted in a change of control (“Change of Control Closing”). Jonathan Awde was appointed chief executive officer and Gerald Aberle resigned as chief executive officer and was appointed chief operating officer.