On January 13, 2023, Newpath Resources Inc. closed the transaction. The transaction included participation from an insider of the company for an aggregate total of 428,571 units.

On the same date, the company issued 1,928,571 units at a price of CAD 0.07 unit for gross proceeds of CAD 135,000 in its second and final tranche closing. The transaction included participation from Darien Gap Capital Corp. for 1,500,000 units.