On March 27, 2023, Baroyeca Gold & Silver Inc. closed the transaction. As part of the transaction, the company paid a cash finder's fee of CAD 2,500 and issued 50,000 broker's warrants to GloRes Securities Inc. Two directors of the company participated in the transaction. The two directors purchased in total 1,420,000 units, or 11.4% of the transaction.

The purchases by the directors resulted in their holdings respectively increasing to 1,807,754 shares and 2,340,200 shares. The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 14 placees including existing insider involvement of two placees for 1,420,000 shares and pro group involvement of one group for 500,000 shares.