On November 29, 2023, Railtown Capital Corp. closed the transaction. The company has now issued 6,500,000 common shares at a price of CAD 0.10 per share for the gross proceeds of CAD 650,000. No finder's fees or other consideration was paid in connection with the offering. The size of the offering was reduced from CAD 1,000,000 to CAD 650,000 due to restrictions imposed by the TSX Venture Exchange. The transaction included participation from Christopher Taylor M.Sc. for 100,000 shares for CAD 10,000. Christopher Taylor M.Sc. has joined the company's board of directors. In connection with his appointment, he purchased 2,500,000 escrowed common shares of the company from current board members and shareholders of the company for cash consideration of CAD 0.05 per escrowed share. As a result of Taylor's participation in the offering and acquisition of the 2,500,000 escrow shares, he owns 2,600,000 shares representing 13.3% of the issued and outstanding shares of the company. Prior to the completion of the transfer of the escrowed shares and the completion of the offering, he owned no Shares.

On December 4, 2023, the company announced that the transaction has been approved by the TSX Venture Exchange. The transaction included participation from 31 placees.