On January 23, 2024, Canstar Resources Inc., closed the transaction. The company issued 26,665,500 units at for the gross proceeds of CAD 856,215 in the transaction. The transaction has been oversubscribed by CAD 121,215. As part of the offering, the company issued 10,415,500 units of the company at a price of CAD 0.03 per Hard Dollar Unit, 10,000,000 flow-through units at a price of CAD 0.0325 per FT Unit and 6,250,000 Critical Mineral Exploration Tax Credit (?CMETC?) flow-through units at a price of CAD 0.035 per CMETC FT Unit.

The company announced that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from nine placees. As a part of the transaction, the company paid CAD 1,800 as finder fee.