On April 17, 2024, Salazar Resources Limited closed the transaction. The company amended the terms of the transaction, and issued a total of 30,600,000 shares at a price of CAD 0.05 per share to raise CAD 1,530,000. All securities issued in connection with the transaction are subject to a four-month hold period from the date of closing. The transaction is subject to all necessary regulatory approvals, including the final acceptance of the TSX Venture Exchange. The transaction included participation from 20 investors including two existing insiders for 7,697,697 shares.

On April 18, 2024, the company announced that the transaction has been approved by the TSX Venture Exchange.