On June 30, 2023, Compass Gold Corporation closed the transaction. The company has now issued 650 convertible debenture units at a price of CAD 1,000 per unit for aggregate gross proceeds of CAD 650,000. Insiders of the company purchased an aggregate of 175 debenture units under the offering, for aggregate consideration of CAD 175,000.

On July 14, 2023, the company announced that the TSX Venture Exchange has accepted for filing documentation. The transaction included participation from 14 placees.