On June 15, 2023, Atacama Copper Corporation, closed the transaction. The company issued 1,567,332 common shares at a price of CAD 0.18 per share for the gross proceeds of CAD 0.28212 million. As a part of transaction, the company will pay a finder's fees consisting of an aggregate cash commission of CAD 5,249.99 and 29,167 warrants to purchase common shares was paid by the company in connection with the offering.

Each finder warrant will entitle the holder thereof to acquire one common share at a price of CAD 0.30 for a period of 24 months from the closing date. The securities issued in connection with the offering are subject to a statutory hold period of four months plus one day from the closing date, being October 16, 2023, in accordance with applicable securities legislation. The transaction involved participation from one insider.