On November 22, 2023, Flying Nickel Mining Corp. closed the transaction. The company issued 1,333,350 common shares for gross proceeds of CAD 120,001.50 in its second and final tranche. The common shares issued and the finder's fee are subject to a regulatory hold period expiring on March 21, 2024.

The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement. The transaction included participation from three placees including pro group involvement of one pro group for 1,333,350. The company has paid finder's fees of 161,129 shares at a deemed price of CAD 0.09 per share