On February 1, 2023, Lake Winn Resources Corp. closed the transaction. The company has amended the terms of the transaction.

The company has now issued 4,956,669 units at an issue price of CAD 0.06 per unit for aggregate gross proceeds of CAD 297,400.14 in the transaction. The transaction included participation from 20 placees including 3 placees for 825,000 units. The company paid CAD 5,418 of finder's fees as part of the transaction.