On October 11, 2022, Star Navigation Systems Group Ltd. closed the transaction. The company has issued total 101,328,571 units at an issue price of CAD 0.021 per unit for gross proceeds of CAD 2,127,900 in the transaction. The company has issued 67,285,714 units at an issue price of CAD 0.021 for proceeds of CAD 14,129,999.94 in its second and final tranche closing.

The company has agreed to pay finder's fees amount of (CAD 212,790) 10% of the gross proceeds in cash. The price was reserved with the CSE.