On August 28, 2023, Sonoran Desert Copper Corporation closed the transaction. The company issued 8,654,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 432,700 in the second and final tranche. The company has raised 16,370,000 units in the transaction for the gross proceeds of CAD 818,500.

The transaction included participation from returning investor Nexvu Capital Corp who have subscribed for 1,200,000 units at an issue price of CAD 0.05 for the gross proceeds of CAD 60,000. The company has paid the finders' fees totaling CAD 3,440 have been paid and 68,800 non-transferable broker warrants exercisable at CAD 0.10 for 36 months have been issued to Leede Jones Gables Inc. The transaction was oversubscribed. The company has received the approval from TSX Venture Exchange.