On March 1, 2023, Golden Independence Mining Corp. closed the transaction. The company has issued 7,076,353 units at a price of CAD 0.31 per unit for total gross proceeds of approximately CAD 2,193,000.

The company has paid CAD 70,401 in finders' fees and issued 236,778 finders' warrants. The finders' warrants have the same term as the warrants. Out of the total amount, the company received $293,859 (CAD 215,882.31) pursuant to exemption provided under Regulation D from one investor.