On January 15, 2021, NuLegacy Gold Corporation (TSXV:NUG) closed the transaction. The transaction included participation from 129 investors including Alex Davidson, Chairman of the company, Albert Matter, Chief Executive Officer and Quinton Hennigh for up to the 25% maximum amount, and certain directors and officers also participated for 7,850,000 units for proceeds of CAD 981,250, Alex Davidson for 2,500,000 units, John Budreski for 200,000 units, Gregory T.Chu for 150,000 units, and aggregate pro group for 2,150,000 units. All securities issued in connection with the offering are subject to a four month hold period which, expires May 16, 2021. The company has paid an aggregate of CAD 587,270 and issued 2,810,160 warrants to finder's. Each finder warrant will entitle the holder to purchase a common share at a price of CAD 0.20 for a period of 36 months. The company has raised CAD 2,638,750 pursuant to exemption provided under Regulation D from 16 investors. The company paid CAD 5,015 as finders fees to Canaccord Genuity Wealth Management (USA) Inc. ECHELON Partners LLC also acted as the finder in the transaction. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.