On June 14, 2024, Lake Winn Resources Corp closed the transaction. The company issued 3,680,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 184,000. Each warrant is exercisable to purchase an additional share at an exercise price of eight cents per warrant share until June 14, 2026.

The securities issued pursuant to the offering will be subject to a regulatory hold period ending October 15, 2024.