On October 31, 2023, Spod Lithium Corp. closed the transaction. The company amended the terms of the transaction and issued 4,330,999 units at a price of CAD 0.07 per Unit for gross proceeds of CAD 303,170.

No finder?s fees were paid in connection with the financing. A director of the company participated in the financing, subscribing for 80,000 units for CAD 5,600.