On August 2, 2023, Portofino Resources Inc. closed the transaction. The company paid finder fees of CAD 13,160 and issued 329,001 finders' warrants which are exercisable on the same terms as the subscribing investors. Shares are subject to a 4 month hold period expiring in December 2023.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 14 placees and 2 existing insiders for 750,000 units.