On June 27, 2023, Melkior Resources Inc. closed the transaction. The company raised a total of CAD 803,266 in the transaction. The company received its second and final tranche. The company received CAD 144,000 in the tranche.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 9 placees including existing pro group involvement of two pro groups for1,241,667. The company paid CAD 10.080 to the finders in cash and and 42,000 warrants.