On November 4, 2022, Li3 Lithium Corp. closed the transaction. The company issued 16,050,000 units for gross proceeds of CAD 1,605,000.

The securities issued are subject to a hold period of four months plus a day from closing. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 32 placees and pro group involvement from 2 placees for 900,000 units.