On March 15, 2023, Platinex Inc., closed the transaction. The company issued 52,187,797 non-flow through units at a price of CAD 0.04 for the gross proceeds of CAD 2,119,540 and 13,640,000 flow-through units at a price of CAD 0.045 for the gross proceeds of CAD 581,300 for the total gross proceeds of CAD 2,700,840. The transaction was oversubscribed.

Each unit is comprised of one common share of the company and one half of one common share purchase warrant, with each whole warrant exercisable into one common share of the company at a price of CAD 0.055 at any time on or before the date which is 60 months from the closing of the Non- flow through and flow through offering.