On December 30, 2022, Rockcliff Metals Corporation closed the transaction. The company has issued 11,000,000 flow-through units and 3,100,000 working capital units for gross proceeds of CAD 352,500 in its second and final tranche. In connection with the closing of the second tranche, the company paid to Red Cloud Securities Inc. an aggregate of CAD 8,750 in cash and 350,000 broker warrants and granted to Sherbrooke Street Capital Inc. for 245,000 broker warrants.