On May 29, 2024, Pinnacle Silver and Gold Corp. closed the transaction. The company issued up to 17,333,333 units at a price of CAD 0.03 per unit for the gross proceeds of CAD 519,999.99.

The company paid CAD 7,650 as cash finder's fees and issued 255,000 warrants exercisable into shares at CAD 0.05 for a period of 24 months. The transaction included participation from insiders subscribed for an aggregate of 3,033,333 units.