On July 27, 2022, Northern Lights Resources Corp. closed the transaction. The company amended the terms of the transaction. The company issued 4,550,000 units for gross proceeds of CAD 227,500 in the transaction. Each unit consists of one common share and one full share purchase warrant. Each warrant is exercisable into one share at a price of CAD 0.10 per share for 24 months following the date of issue.

The company initially intended to issue 20,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 1,000,000