On December 20, 2022, K9 Gold Corp. closed the transaction. The company issued 10,842,000 flow through shares for gross proceeds CAD 758,940.

The company paid finder's fees of CAD 60,715 in cash and 867,360 warrants exercisable at a price of CAD 0.07 for two years. The flow-through units are subject to four month hold period expiring on April 21, 2023. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.

The transaction includes participation from four placees.