On October 6, 2023, Northstar Gold Corp. closed the transaction. The company announced that it has issued aggregate of 9,665,936 units at a price of CAD 0.055 per unit for the gross proceeds of CAD 531,626.455.

The company issued 1,762,755 units at a price of CAD 0.055 per unit for the gross proceeds of CAD 96,951.50 in its third tranche closing.