On October 13, 2023, GR Silver Mining Ltd., closed the transaction. The company issued 2,500,000 units in the transaction for the gross proceeds of CAD 125,000 in the second and final tranche closing. A director and officer of the participated in the Second Tranche and purchased 300,000 Units for CAD 15,000.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 15 placees including existing insider involvement of one insider for 640,000.