On June 22, 2023, Pacific Arc Resources Ltd. closed the transaction. The company amended the terms of the transaction and issued 363,366 units at a price of CAD 0.15 per share for gross proceeds of up to CAD 54,500. The transaction included participation from individual investor John MacPhail for 96,666 units. The participation by Insiders in the transaction was approved by directors of the company who are independent in connection with such transaction.

On November 21, 2023, the company announced that The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from five placees. As a part of the transaction, the company paid CAD 480 as finder fee in the transaction.