On April 27, 2023, Ridgeline Minerals Corp. closed the transaction. The company amended the terms of the transaction. The company issued 22,535,000 units at an issue price of CAD 0.20 per unit for aggregate gross proceeds of CAD 4,507,000 in the transaction. The transaction has been oversubscribed. In connection with the offering the company has paid aggregate cash finders' fees of CAD 240,957.5 includes Sprott Global Resource Investments Ltd. for $36,008 (CAD 48,969.79976) in the transaction. Insiders of the company participated in the offering for an aggregate amount of 100,000 units. The company has received $896,212 (CAD 1,218,821.43364) from 27 investors pursuant to exemption provided under Regulation D.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 126 placees including total existing insider involvement for 100,000 units from three insiders and total pro group involvement for 650,000 from four pro groups.