On May 22, 2024, Slam Exploration Ltd. closed the transaction. The company has now issued 3,900,000 at a price of CAD 0.025 for gross proceeds of CAD 97,500 in the transaction. The company has issued 300,000 FT Units at a price of CAD 0.025 per FT Unit for gross proceeds of CAD 7,500 in its second and final tranche closing.

The FT Units are subject to a four-month and one day hold period that expires on September 23, 2024.