On April 15, 2024, GK Resources Ltd., closed the transaction. The company issued 6,666,665 common shares of the company for CAD 0.03 per share for gross proceeds of CAD 199,999.95. Closing of the financing is subject to receipt of all necessary approvals, including that of the board and the NEX board of the TSX Venture Exchange. All securities issued in connection with the financing will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation in Canada.


The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 11 placees including pro group involvement of 4 pro groups for 1,330,000.