On November 24, 2023, Emperor Metals Inc. closed the transaction. The company amended the terms of the transaction and issued 15,419,400 units at a price of CAD 0.10 per unit for gross proceeds of up to CAD 1,541,940. In connection with the sale of the units, the company paid a total of CAD 41,575.80 in cash, and issued 415,758 finder's warrants.

All securities issued are subject to a hold period until March 25, 2024.