On June 9, 2023, Fathom Nickel Inc closed the transaction. The company has received CAD 2,956,400 in the transaction. The company has received its second and final tranche.

The company has issued 7,894,737 charity flow-through common units at an issue price of CAD 0.19 per unit for gross proceeds of CAD 1,500,000.03 in the tranche. The transaction includes participation from new investor, Crescat Portfolio Management LLC. The company has paid to certain qualified finders a cash commission of CAD 1,620.