On May 29, 2023, Finlay Minerals Ltd. closed the transaction. The company has issued 3,333,333 flow-through units for gross proceeds of CAD 199,999.98 and 7,000,000 non-flow through units for gross proceeds of CAD 350,000; for aggregate gross proceeds of CAD 549,999.98. The transaction was over-subscribed.

The transaction included participation from Ilona B. Lindsay, a director and officer of the company, for a total of 3,333,333 flow-through units and 6,000,000 non-flow through units. All securities issued under the transaction are subject to a four-month hold period expiring on September 30, 2023. The company paid no finder's fees.

The transaction included participation from two placees. The transaction included participation from one insider for 9,333,333 shares.