On December 3, 2023, FE Battery Metals Corp. closed the transaction. The company has now issued 675,000 common shares at a price of CAD 0.40 per share for gross proceeds of CAD 270,000 and 1,855,554 flow-through units at a price of CAD 0.45 per flow-through unit for gross proceeds of CAD 834,999.3; for aggregate total gross proceeds of CAD 1,104,999.3 in the transaction.