On November 16, 2023, Churchill Resources Inc., closed the transaction. The company issued 40,000,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 2,000,000 in the second and final tranche closing.

On December 14, 2023, the company announced that the transaction has been approved by the TSX Venture Exchange. The transaction included participation from 5 placees. The transaction included participation from one insider for 2,000,000 shares.