On December 18, 2023, Tarku Resources Ltd. closed the transaction. The company amended the terms of the transaction and issued 15,000,000 flow-through shares of the company at a price of CAD 0.025 per share for the gross proceeds of CAD 375,000. The company paid finder?s fees in a cash commission equal to 7% of aggregate proceeds from the sale of flow-through shares sourced by the finder totaling CAD 22,750, as well as finder?s warrants in an amount of 910,000 which is equal to 7% of the aggregate number of flow-through shares sourced by the finder pursuant to the Private Placement. Each finder?s warrant is exercisable to purchase one common share at an exercise price of CAD 0.05 until December 18, 2025. All securities issued pursuant to the Private Placement is legend with a hold period of four 4 months and one day from the date of issuance.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 4 placees.