On November 22, 2023, Cantex Mine Development Corp. closed the transaction. The company issued 6,833,734 flow through units and 3,276,923 non flow-through units issued at CAD 0.30 per FT unit and issued at CAD 0.26 per unit respectively for the aggregate gross proceeds of CAD 2,902,120 in its final tranche. Combined with the first tranche, the offering has resulted in gross proceeds of CAD 3,823,485 from the issuance of 8,258,284 FT units and 5,176,923 NFT units. The company was charged CAD 178,500 in finders fees in connection with the final tranche; of this, CAD 24,500 was paid in cash, with the remaining CAD 154,000 in fees settled with the issuance of 592,308 units at a deemed price of CAD 0.26. Katherine MacDonald, subscribed for 200,000 units for a total subscription price of CAD 52,000.

On November 28, 2023, the company announced that the transaction has been approved by TSX Venture Exchange. The transaction included participation from 29 placees. The transaction included participation of existing insider involvement from one insider for 200,000 shares and pro group involvement from one group for 80,000 shares. The company has received CAD 500,000.02 ($365,000) from 5 investors pursuant to Regulation D.