On January 23, 2023, Stratabound Minerals Corp. closed the transaction. The company amended the deal terms and issued 2,000,000 units at a price of CAD 0.05 for the gross proceeds of CAD 100,000 in its final tranche by bringing the total gross proceeds of CAD 1,655,000.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from six placees and 3 existing insiders for 30.4 million units.