On November 17, 2023, Rome Resources Ltd. closed the transaction. The company issued 3,600,000 units for gross proceeds of CAD 720,000 in the transaction. Each warrant exercisable for one common share on or before November 18, 2025.

The securities issued pursuant to the private placement and any shares to be issued on the exercise of warrants are restricted from trading until March 18, 2024. The transaction included participation from four insiders for 3,000,000 units for gross proceeds of CAD 600,000.The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement announced on October 30, 2023. The transaction includes six placees and four insiders.