On June 19, 2024, Euromax Resources Ltd closed the transaction. The company issued 3,302,081 units at a price of CAD 0.02 per unit for the gross proceeds of CAD 66,041.62. The Units to be issued pursuant to the Private Placement, and any Common Shares issued in connection with the exercise of Warrants, if any, will be subject to a hold period of four months and one day from the date of issuance expiring on October 19, 2024, in accordance with the policies of the TSX Venture Exchange and applicable securities laws.