On October 25, 2023, EV Minerals Corporation closed the transaction. The company has now issued 4,192,727 flow-through units at a price of CAD 0.11 per unit for the gross proceeds of CAD 461,199.97. In connection with the offering, the company paid certain eligible finders an aggregate of CAD 31,513.99 and issued an aggregate of 286,491 finder's warrants to such finders.

Each finder's warrant entitles the holder thereof to acquire one common share at a price of CAD 0.11 per common share until the date that is two years from the date of issuance.