On July 18, 2023, Tajiri Resources Corp. closed the transaction. The company announced that it has issued 3,910,000 shares at a price of CAD 0.035 per share for proceeds of CAD 136,850 in the transaction. No fees were paid on this portion of the transaction but may be on the closing of additional tranches. Insider participation totaled 1,600,000 shares 'a related party transaction and is protected from rules under MI-106 as this does not exceed 25% of the market valuation of the Company.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from five placees and 2 existing insiders for 1,600,000 shares.