On September 27, 2023, Aldebaran Resources Inc., closed the transaction. The company issued 8,528,756 common shares at a price of CAD 1.01 and 1,962,000 common shares at a price of CAD 0.88 per share to South32 Limited and Route One Investment Company, L.P. and management of the company acquired 10,100,000 common shares at CAD 0.88 per Common Share; and the company issued 1,000,000 LIFE Shares at a price of CAD 0.88 per common share. Subject to TSX Venture Exchange hold periods on certain LIFE Shares issued to insiders, the LIFE Shares issued are not subject to any resale restrictions pursuant to Canadian securities laws. The balance of the Common Shares issued under the Private Placement are subject to a hold period until January 28, 2024. The company has paid the finder's fees of CAD 2,851 to the respective finders in the transaction.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 10 placees including existing insider involvement of 3 insiders for 184,818 pro group involvement of one pro group for 100,000.The company received $2,406,940 (CAD 3,314,958.115) from 3 investors pursuant to exemption provided under Regulation D