On June 5, 2023, Cerro de Pasco Resources Inc. closed the transaction. The company amended the terms of the transaction. The company has issued 10,040,000 units at an issue price of CAD 0.1 per unit for the gross proceeds of CAD 1,004,000 in the transaction.

In connection with the transaction, the company paid finder's fees in an amount of CAD 28,630 and issued 286,300 broker warrants to certain arm's length third parties who assisted the company by introducing subscribers to the transaction. Each broker warrant entitles its holder to purchase one common share at an issue price of CAD 0.25 per common share for a period of 24 months from the date of issuance of the broker warrant.