On August 3, 2023, Kingfisher Metals Corp. closed the transaction. The company amended the terms of the transaction and issued 21,632,450 charity flow-through units at a price of CAD 0.12 per charity flow-through unit and 2,325,000 flow-through units at a price of CAD 0.10 per flow-through unit for aggregate gross proceeds of CAD 2,828,394. Each Offered Unit is comprised of one common share of the Company and one half of one common share purchase warrant, Each Warrant is exercisable for one Common Share at an exercise price of CAD 0.15 per Common Share at any time up to 24 months following the closing date of the transaction.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 15 placees and 3 insiders for 4,255,960 shares. The company has paid finder's fee s of CAD 9,059.45 and issued 45,000 warrants.