On December 16, 2022, Westward Gold Inc. closed the transaction. The company has amended the terms of the transaction. The company has issued 6,875,000 units at a price of CAD 0.08 per unit, for aggregate gross proceeds of CAD 550,000. Certain insiders of the company acquired units in the offering. In connection with the offering, an aggregate total of CAD 640 in cash finder's fees were paid and 8,000 finder's warrants were issued to qualified parties.

The transaction has raised CAD 37,628.85 pursuant to Regulation D from two investors.