On January 3, 2023, StrategX Elements Corp. closed the transaction. The company issued 1,200,000 flow-through shares at a price of CAD 0.30 per FT Share for gross proceeds of CAD 360,000, and 63,600 non-flow-through share units at a price of CAD 0.25 per NFT Unit for gross proceeds of CAD 15,900 for total proceeds of CAD 375,900 in its second and final tranche.

The company issued 31,800 common share purchase warrants, each entitling the holder to purchase a non-flow through common share of the company for CAD 0.40 per share until December 30, 2025. The company paid finder's fees of CAD 21,600. All securities issued at closing are subject to a hold period expiring May 1, 2023, in accordance with applicable securities laws and the policies of the CSE.

The transaction included participation from an officer of the company who purchased 33,600 NFT Units.