On December 30, 2022, Sanatana Resources Inc closed the transaction. The company issued up to 5,500,000 flow-through units for proceeds of CAD 550,000. The warrants will expire until December 30, 2024. The securities issued are subject to a statutory four-month hold period which expires on May 1, 2023. The company paid finder's fees of CAD 41,000 and issued an aggregate of 410,000 compensation warrants. Each compensation warrant entitles the holder thereof to purchase one warrant share at a price of CAD 0.10 per warrant share until December 30, 2024. The transaction includes participation from Ian Smith for for 500,000 units.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction will include participation from five placees, 1 existing insider for 500,000 units and 1 pro group for 500,000 units.