On March 15, 2023, Fox River Resources Corporation closed the transaction. The company paid finders fees in compliance with the policies of the Canadian Securities Exchange and applicable securities legislation, to arm's length finders in connection with transaction totaling CAD 8,200 in cash, 52,500 common shares of the company, and 52,500 finders warrants exercisable at CAD 0.30 for two years from closing. Each of the securities issued under the transaction are subject to a hold period under Canadian law which will expire four months and one day from the closing date of the transaction, being July 16, 2023.

Following the closing of the transaction, the company has 63,963,175 common shares issued and outstanding. The transaction was oversubscribed.