On July 13, 2022, Irving Resources Inc. closed the transaction. The company raised CAD 2,974,540 in the transaction through the issue of 2,974,540 units at a price of CAD 1 per unit. The company paid cash finders' fees of CAD 29,400 in the transaction.

The units issued are subject to a hold period expiring on November 13, 2022. The company has raised CAD 1,410,157 pursuant to Regulation D in the transaction from 4 investors.