On October 4, 2023, Fort St. James Nickel Corp. closed the transaction.

The transaction included participation from an individual investor Gerald Mitton who have subscribed for 1,000,000 units at an issue price of CAD 0.06 per unit for the gross proceeds of CAD 60,000. The investor has directly, and control over 8,980,338 common shares and 2,750,000 share purchase warrants in the capital of the corporation.