On February 1, 2022, Canoe Mining Ventures Corp. closed the transaction. The company has issued 6,375,000 units for gross proceeds of CAD 510,000. As part of transaction, returning investor Scott Kelly has acquired an aggregate of 925,000 units and shares and Eugene Lee, director, for 500,000 units and included participation from 12 placees.

On February 18, 2022, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.