On October 11, 2023, Golden Goliath Resources Ltd. closed the transaction. The company has issued 1,900,000 non-flow-through units at a price of CAD 0.10 for the gross proceeds of CAD 190,000 in its second and final tranche closing. The company has also issued 1,900,000 non flow-through warrants. All securities issued will be subject to a hold period of four months and a day. The company paid a finder's fee of CAD 16,320 in cash and issued 136,000 warrants, having the same terms as the warrants under the units. The company has received total CAD 394,000 in the transaction.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 6 placees.