On December 2, 2022, Pucara Gold Ltd. closed the transaction. The company has issued 14,000,000 units for gross proceeds of CAD 700,000 in the transaction. The transaction included participation from from two insiders 1,820,000 units for gross proceeds of CAD 91,000 and from 13 placees including involvement from pro group for 2,120,000 units.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.