On May 6, 2024, StrategX Elements Corp closed the transaction. The company has issued 2,900,000 common shares at an issue price of CAD 0.10 for gross proceeds of CAD 290,000. In connection with the financing, the Company paid a total of CAD 12,000 as finder's fees.

All shares issued under the private placement are subject to a hold period expiring September 4, 2024, in accordance with applicable securities laws and the policies of the CSE.