On October 16, 2023, Silverstock Metals Inc. clsoed the transaction. The company issued 5,200,000 units for gross proceeds of CAD 520,000. Each warrant entitles the holder to acquire one common share until October 13, 2025.

The company paid finders? fees of CAD 17,700 and issued 162,000 finder warrants. The finder warrants are exercisable at CAD 0.20 until October 13, 2025.

All securities issued under the offering, including securities issuable on exercise thereof, are subject to a hold period expiring February 14, 2024, in accordance with the rules and policies of the Canadian Securities Exchange and applicable Canadian securities laws. The company received CAD 156,662.19 pursuant to exemption provided under Regulation D from 4 investors.