On June 26, 2023, Baru Gold Corporation closed the transaction. The company issued 3,966,666 units at a price of CAD 0.03 per unit for the gross proceeds of CAD 119,000. Finder's fees of CAD 420 are payable in cash and 14,000 finder's warrants were issued.

The transaction has been approved by the TSX Venture Exchange. The company has accepted TSX venture exchange filings. The transaction included participation from 5 placees including aggregate existing insider involvement from 1 placee for 1,533,333.