On March 8, 2022, Apex Resources Inc closed the transaction. The company issued 11,100,000 units for gross proceeds of CAD 555,000. The Company paid finders fees of CAD 2,100 and 42,000 finder's warrants to Leede Jones Gable Inc and Haywood Securities. All securities issued will be subject to a four month hold period pursuant to securities laws in Canada and will be restricted from trading until July 11, 2022. The transaction included participation from Arthur G. Troup, President, chief executive officer and a director of the Company, for 100,000 Units and 28 placees.

On March 10, 2021, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.