On September 1, 2022, AMPD Ventures Inc. closed the transaction. The company issued additional 8,454,999 units at a price of CAD 0.14 per unit for gross proceeds of CAD 1,183,700 in its second and final tranche. The company has raised CAD 1,827,500 in the transaction.

In connection with the second and final tranche, the company paid certain finders CAD 60,583.60 in cash, and 432,740 unit warrants as finder's fees, resulting in total finder's consideration across the private placement of CAD 92,629.60 in cash and 661,640 unit warrants.