Green River Gold Corp. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 500,000 on October 4, 2023. Each unit consists of one common share and one common share purchase warrant.

Each warrant will be exercisable to acquire one Share for a period of 4 years following the closing of the offering at an exercise price of CAD 0.075 per warrant share, subject to acceleration provisions. The transaction is expected to close on or about October 31, 2023. If the closing price of the company?s Shares on the Canadian Securities Exchange is equal to or greater than CAD 0.20 for a period of ten 10 consecutive trading days, the company may, at its sole option, accelerate the expiry date of Warrants to the date which is thirty 30 days following the date upon which notice of the accelerated expiry date is provided by the company.

The offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the CSE. No commissions will be paid with respect to offering. However, the company may pay a finder?s fee to certain finders of up to 8% of the aggregate gross proceeds of subscriptions facilitated by such finders.