On November 17, 2023, Beyond Lithium Inc., closed the transaction. The transaction was oversubscribed. The company issued 3,118,333 units at a price of CAD 0.30 per unit for the gross proceeds of CAD 935,500.

Each full warrant entitles the holder to purchase one additional Share in the capital of the company at a price of CAD 0.45 per share for a period of 24 months from the closing date, subject to customary adjustment and acceleration provisions in certain circumstances. As a part of the transaction, the company paid a cash commissions totaling CAD 23,908.50, representing 7% of the proceeds raised from subscribers introduced to the company by such finders and issued an aggregate of 79,695 non-transferable broker warrants. All securities issued under the offering are subject to a hold period of four months and one day from their date of issuance, expiring on March 17, 2024 under applicable Canadian securities laws.