On June 13, 2023, Etruscus Resources Corp. closed the transaction. The company has received CAD 337,199 consisting of 666,660 non-flow-through units at CAD 0.15 per unit for gross proceeds of CAD 99,999 and 1,317,779 flow-through units at CAD 0.18 per unit for gross proceeds of CAD 237,200.

The combined tranches totaling CAD 879,344, composed of 3,230,960 non-flow-through units for gross proceeds of CAD 484,644 and 2,192,779 flow-through units for gross proceeds of CAD 394,700. In connection with the Financing, insiders of the Company participated in the placement for a total of CAD 115,000. All issued shares are subject to a hold period of four months and one day from the date of issuance.

Under the Financing, total finders' fees paid to qualified arm's length finders were CAD 22,610, and 133,777 finders warrants were issued, each exercisable into a common share at CAD 0.165 per share for a two-year period.