On February 1, 2023, Steadright Critical Minerals Inc. closed the transaction. The company has issued 513,000 common shares at an issue price of CAD 0.27 per share for gross proceeds of CAD 138,510. The transaction included participation from insiders for 129,000 common shares, for proceeds of CAD 34,830.

Each common share entitles the holder to purchase one full warrant for two years at a price of CAD 0.37.