Green River Gold Corp. announced a non-brokered private placement to raise total gross proceeds of up to CAD 252,000 on March 23, 2023. The company will issue 3,600,000 units at issue price of CAD 0.07 per unit.

Each unit consists of one one flow-through common share and one-half common share purchase warrant. Each warrant can be exercisable to purchase one share of the company at exercise price of CAD 0.12 per share for a period of 2 years from the closing of the transaction. The company may pay finders fees of up to 8% of the aggregate gross proceeds.

The transaction is expected to close on March 31, 2023 and subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Stock Exchange.