On August 4, 2023, Volt Lithium Corp closed the transaction. The Company has issued 266,666 FT Units at an offering price of CAD 0.24 per FT Unit for gross proceeds of CAD 63,999.84 and 3,287,931 HD Units at an offering price of CAD 0.22 per HD Unit for gross proceeds of CAD 723,344.82 on a private placement basis, raising gross proceeds of approximately CAD 787,345 of proceeds in the transaction. The HD Units and FT Units issued pursuant to the Concurrent Private Placement are subject to a four month hold period expiring on December 5, 2023.

The company has received CAD 502,184.83 ($376,036) from 3 investors pursuant to Regulation D. The transaction included participation from 11 investors. The company announced that the transaction has been approved by the TSX Venture Exchange.