On December 16, 2019, Skeena Resources Limited (TSXV:SKE) closed the transaction. The company received CAD 4,920,000 in its second and final tranche, bringing the total funding received in the transaction to CAD 16,000,001 from 11 placees. The transaction was oversubscribed.

The company has paid finders fees to Elemental Capital Partners LLP CAD 77,000, Ecoban Securities Corporation CAD 57,750, Gerhard Merkel CAD 50,050, and Agentis Capital Markets Canada Ltd. CAD 500,000. TSX Venture Exchange has accepted for filing documentation with respect to the transaction.