On December 21, 2022, Tarku Resources Ltd. closed the transaction. The transaction has been conditionally accepted by the TSX Venture Exchange. The company will apply for final acceptance of the TSXV. All the securities issued in the transaction will subject to a hold period of four months from the date of issuance.

The company announced that the Toronto Stock Exchange Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement. The transaction included participation from eight placees.