On March 21, 2023, GFG Resources Inc closed the transaction. The company has amended the terms of the transaction. The company will issue 13,389,076 units of the Company at a price of CAD 0.13 per Unit for gross proceeds of CAD 1,740,580, 2,250,000 common shares of the Company that will qualify as "flow-through shares" at a price of CAD 0.15 per FT Share for gross proceeds of CAD 337,500,11,369,231 premium units of the Company at a price of CAD 0.1866 per Premium Unit for gross proceeds of CAD 2,121,498. Each Unit consists of one common share of the Company and one-half of one share purchase warrant, with each whole share purchase warrant entitling the holder thereof to acquire one additional common share of the Company at an exercise price of CAD 0.18 for a period of 36 months from the date of issuance. Each Premium Unit shall consist of one FT Share and one-half of one Warrant. The transaction included participation from Brian Booth, an insider of the company for 76,923 units; Arnold Klassen for 100,000 shares. The round was oversubscribed. The company has received CAD 222,508 from Regulation D in the transaction and included participation from three investors. The company will issue securities pursuant to exemption provided under Regulation D.

The transaction included participation from 24 placees also include participation from total existing 3 insider involvement of 276,923 and total of 1 pro group involvement for 80,000. The company received acceptance for filing documentation from TSX Venture Exchange.