On May 26, 2022, Nickel North Exploration Corp. closed the transaction. The company issued 750,000 units for CAD 35,000 in its second and final tranche.

The company has raised CAD 505,500 in the transaction. The transaction included participation from 17 placees, including Tony Guo for 400,000 units. The company has paid finders' fee of CAD 2,135 payable to Canaccord Genuity Corp., with 42,700 warrants and $1,050 payable to PI Financial Corp., with 21,000 warrants.

The TSX Venture Exchange has accepted for filing documentation.