On August 17, 2023, Equity Metals Corporation, closed the transaction. The company issued 6,263,112 flow-through units at a price of CAD 0.13 per flow-through unit for gross proceeds CAD 814,204.56 in the transaction. As a part of the transaction, the company paid finders' fees comprised of an aggregate CAD 44,952.28 cash and 345,787 non-transferable warrants in connection with the Offering. The offering and payment of finders' fees is subject to TSX Venture Exchange approval. The transaction included participation from 13 investors including two pro- groups for 615,800 units.

On August 29, 2023, the company announced that the transaction has been approved by the TSX Venture Exchange.