McLaren Resources Inc. announced a completion of non-brokered private placement of 3,334,000 Flow-Through Units at a price of CAD 0.075 per unit for gross proceeds of CAD 250,050 on July 19, 2023. Each Flow-Through Unit consisting of one common share and one-half of one common share purchase warrant. Each whole warrant is exercisable at a price of CAD 0.10 per common share for a period of 24 months from the date of issuance.

The transaction included participation from returning investor Pavilion Flow-Through L.P., a fund managed by Accilent Capital Management Inc. In connection with the transaction, the company paid finder's fees consisting of 334,000 common shares of the company to Accilent Capital Management Inc.