On May 6, 2024, Akwaaba Mining Ltd., closed the transaction. The company has issued 535,714 shares at an issue price of CAD 0.14 per share for the gross proceeds of CAD 74,999.96 in its second and final tranche closing. All shares issued in connection with the Offering will be subject to a statutory hold period of four-months and one day, as well as to any other restrictions imposed by applicable securities regulatory authorities.

The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement. The transaction included participation from 3 placees including existing insider involvement of one insider for 535,714.