On October 29, 2021, Candelaria Mining Corp closed the transaction. The company issued 18,759,491 units for gross proceeds of CAD 8,441,771, and 1,136,997 units for CAD 511,648 in its second and final tranche. The transaction included participation from Armando Alexandri, for 622,222 units for CAD 280,000, and Mike Struthers, 91,111 units for CAD 41,000 under the second and final tranche of the transaction and 22 placees including pro-group involvement of one placee for 50,000 units.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.