On September 16, 2021, Imperial Mining Group Ltd. closed the transaction. The company issued 3,516,666 units for gross proceeds of CAD 527,500 in its second and final tranche and including participation from a pro group consisting of one place for 100,000 shares and other investors. The company has raised an aggregate gross proceeds of CAD 1,346,500 in the transaction.

On December 1, 2021, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.