On December 20, 2023, Gowest Gold Ltd. closed the transaction. The company issued 1,428,570 flow-through units for aggregate gross proceeds of CAD 150,000 in its second and final tranche. The company issued a total of 9,047,618 flow-through units for aggregate gross proceeds of CAD 950,000 in the transaction.

The company paid finder's fees of CAD 9,000 in cash pursuant to the second tranche closing. The transaction has been approved by the TSX Venture Exchange. The transaction included participation from five investors including two insiders for 428,571 units.