On October 28, 2021, Tarachi Gold Corp. closed the transaction. The company issued 4,396,667 common shares at a price of CAD 0.15 per share to raise gross proceeds of CAD 659,500.05. The company paid cash finder's fees equal to CAD 9,000 and issued 60,000 broker warrants of the company, exercisable at any time on or before October 28, 2022, to acquire that number of common shares in the capital of the company at an exercise price of CAD 0.35. The securities issued pursuant to the transaction have a hold period of four months and one day from closing, expiring on March 1, 2022.