On April 13, 2023, Visible Gold Mines Inc. closed the transaction. The transaction included participation from 9086-0735 Québec Inc., an insider of Visible Gold Mines purchased 625,000 Units for total consideration of CAD 75,000. As a result of the closing of the transaction, there are now 35,077,039 common shares issued and outstanding on a non-diluted basis. The securities issued in the private placement are subject to a four-month hold period, expiring on August 13, 2023. The transaction is subject to final acceptance by the TSX Venture Exchange.

On April 26, 2023, the company announced that the transaction has been approved by the TSX Venture Exchange.