On November 21, 2022, Vanadiumcorp Resource Inc closed the transaction. The company issued 5,293,333 flow-through units at a price of CAD 0.12 per flow through unit for the gross proceeds of CAD 635,199.96 and 12,528,500 non flow through units at a price of CAD 0.10 per non-flow-through unit for gross proceeds of CAD 1,252,850 for aggregate gross proceeds of CAD 1,888,049.96. The company also paid $41,112 as finders fees bringing to total $ 82,224 and 353,600 broker warrants issued on the same terms as the non-flow through warrants.

The company has accepted TSX venture exchange filings. The transaction included participation from 17 placees.