On January 18, 2021, Metalex Ventures Ltd. (TSXV:MTX) closed the transaction. The company amended the terms of the transaction and now issued 19,163,528 flow through shares for gross proceeds of CAD 1,628,899.88 and 21,422,284 non flow through units for gross proceeds of CAD 1,499,559.88 for aggregate gross proceeds of CAD 3,128,459.76 in the transaction. The company issued 1,188,235 flow through shares for proceeds of CAD 100,999.975 and 15,979,427 non flow through units for proceeds of CAD 1,118,559.89 for aggregate proceeds of CAD 1,219,559.865 in its final tranche. The transaction included participation from 47 placees including Element 29 Ventures Ltd. for 100,000 shares and aggregate pro group involvement for 4,028,235 shares. All securities issued in the final tranche are subject to a hold period expiring May 16, 2021. Finders' fees of CAD 26,320 were paid and 100,000 finders' warrants were issued in connection with this tranche and a total of he company paid finders' fees of CAD 152,595 and 1,550,235 finders' warrants to 6132987 Canada Inc., Canaccord Genuity Corp., PI Financial Corp., Haywood Securities Inc., Topleft Securities Ltd., Echelon Wealth Partners Inc., BMO Nesbitt Burns and Delbrook Capital Advisors. Finders' warrants have the same terms as the placement warrants. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.