On January 9, 2024, Silver Bullet Mines Corp. closed the transaction. The company issued 2,325,709 units at an issue price of CAD 0.12 per unit for gross proceeds of CAD 279,085 under the second and final tranche. The company paid finder's fees CAD 2,604 in cash and 21,700 broker warrants. The transaction included participation from one insider. The transaction included participation from 13 investors including one existing insider for 416,667 units, and one pro group for 200,000 units.

On January 12, 2024, the company announced that the transaction has been approved by the TSX Venture Exchange.