On September 19, 2023, King Global Ventures Inc. closed the transaction. The company has issued 2,280,000 units at a price of CAD 0.125 per unit for the gross proceeds of CAD 285,000 in its second and final tranche. Securities issued on this closing will be subject to a statutory hold period until January 20, 2024. The company has paid finder's fees of CAD 450 and issued 3,600 broker warrants. The broker warrants are exercisable at CAD 0.30, and expire on March 18, 2024. The transaction included participation from spouse of the CEO for 200,000 units, representing 4% of the units issued.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 44 placees and 1 existing insider for 300,000 units. The company has paid total finder's fees of CAD 9,700 in cash and issued 89,600 finder's warrants in the transaction.