On December 28, 2023, Timberline Resources Corporation closed the transaction. The company issued 15,750,000 Units at a price of $0.04 per Unit for total gross proceeds of $630,000.The Offering was led by an order from Crescat Capital in the amount of $100,000. The transaction included participation from an insider for 2,500,000 units.

The company has not paid any finder's fees in connection with the offering.