On February 8, 2023, BWR Exploration Inc. closed the transaction. The company received CAD 81,000 in the second and final tranche for aggregate gross proceeds of CAD 137,040. The securities issued in the second tranche contain a statutory four month plus one day hold period expiring June 9, 2023.

The transaction included participation from 11 placees including 1 insider investor for 300,000 shares.