On December 23, 2022, Garibaldi Resources Corp. closed the transaction. The company has raised CAD 2,771,200 total gross proceeds in the transaction. The company issued 400,667 flow-through units for gross proceeds of CAD 120,200 in its second tranche. The transaction will include participation from 8 placees. The Company paid cash finder's fees of CAD 2,412 and issued 8,040 share purchase warrants as part of this tranche.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction will include participation from 8 placees. The company has paid finder's fees of CAD 173,472.04 and issued 586,240 warrants in the transaction.