On August 31, 2023, Kuya Silver Corporation closed the transaction. The company amended the terms of the transaction and issued 390,000 units at an issue price of CAD 0.27 per unit for the gross proceeds of CAD 105,300 in its final tranche. Under both tranches, the company issued 2,781,300 units for aggregate gross proceeds of CAD 750,951.

In connection with the second tranche, the company paid finders' fees of CAD 5,346, equal to 6% of the total proceeds raised by eligible finders and issued 19,800 finder warrants equal to 6% of the number of units sold by eligible finders. The finder warrants are exercisable at CAD 0.5 until August 31, 2025.The transaction included participation from 1investor pursuant to exemption provided under Regulation D.