On April 28, 2023, Infinitum Copper Corp. closed the transaction. The company has issued a total of 23,850,131 units at an issue price of CAD 0.07 for the gross proceeds of CAD 1,669,509.17 in a oversubscribed transaction. The company raised 2,421,560 units at a price of CAD 0.07 per unit for the gross proceeds of CAD 195,839.98 in its final tranche.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 41 placees, 5 existing insiders for 3,068,275 units and 1 pro group for 1,428,275 units. The company paid finder's fee CAD 84,481.94 in cash and issued 1,206,883 warrants.