On July 28, 2023, Quebec Precious Metals Corporation closed the transaction. The company issued 3,712,500 charity flow-through common shares at a price of CAD 0.16 per CFT share for the gross proceeds of CAD 594,000 in its second & final tranche. The company included participation from new investor Societe de Developpement de la Baie-James for 2.2 million common shares.

In total, the company has issued 10,866,873 common shares for gross proceeds of CAD 1,378,575.06 in the transaction.