On November 17, 2023, Goldshore Resources Inc., closed the transaction. In connection with the private placement, the company paid a finder?s fee of 1,008,000 units. The transaction included participation from Brett A. Richards, a director and officer of the company, subscribed for 900,000 Units; Marlis Yassin, an officer of the company, subscribed for 100,000 Units; Victor Cantore, a director of the company, subscribed for 750,000 Units; Shawn Khunkhun, a director of the company, subscribed indirectly for 250,000 Units; Joanna Pearson, a director of the company, subscribed for 100,000 units; and Peter Flindell, an officer of the company, subscribed for 300,000 units.

The transaction included participation from 25 placees and 7 insiders. Each warrant entitles the holder to purchase one common share at the price of 13 cents until November 17, 2026. The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement announced on November 2, 2023.