On April 25, 2022 Fjordland Exploration Inc. closed the transaction. On the same day, the company has received $182,650 in its second and final tranche. The company has issued a total of 6,901,192 flow-through shares at a price of CAD 0.13 for gross proceeds of CAD 897,155.

The transaction included participation from 14 placees, including total pro group involvement for 250,000 shares (two placees) and Mark Brown for 100,000 shares. The company paid finders' fees of CAD $41,700.30 to Laurentian Bank Securities, CAD 1,560 payable to Richardson Wealth Ltd.