On December 28, 2023, Pegasus Resources Inc. closed the transaction. The company issued 2,875,875 non-flow-through units for gross proceeds of CAD 460,140; and 995,000 flow-through units for gross proceeds of CAD 199,000; for aggregate gross proceeds of CAD 659,140. The transaction included participation from Noah Komavli for CAD 3,000 of Non flow-through units. The company paid finders' fees of CAD 28,665 in cash plus CAD 7,350 administration fees and 163,931 broker warrants were paid to arm's length parties.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 45 placees including existing insider involvement of 1 insider for 18,750.