On November 2, 2022, Wealth Minerals Ltd. closed the transaction. The company has received its second and final tranche. The company has issued 2,500,000 common shares for gross proceeds of CAD 500,000. All securities issued by the company pursuant to the transaction have a four month and one day hold period in Canada ending on March 3, 2023.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from one placee.