On January 26, 2024, BMEX Gold Inc. closed the transaction. The company issued 1,812,500 nonflow-through units at an issue price of CAD 0.02 per for gross proceeds of CAD 36,250 in the second and final tranche of the transaction. The transaction included participation from 13 investors including one existing insider for 1,000,000 units, and one pro group for 100,000 units.

On March 7, 2024,, the company announced that the transaction has been approved by the TSX Venture Exchange.