On March 27, 2024, 1844 Resources Inc. closed the transaction. The company issued 14,117,500 units at issue price CAD 0.02 per unit for gross proceeds of CAD 282,350. The transaction included participation from 14 placees and 3 insiders with involvement of 2,500,000 shares.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.