On March 14, 2024, P2 Gold Inc. closed the transaction. The company announced that it has issued 303 units at an issue price of CAD 1,000 per unit for the gross proceeds of CAD 303,000 in its second tranche closing. As a part of the transaction, the company paid finder's fees of an aggregate of CAD 11,400 and issued an aggregate of 171,375 warrants to an arm's length finder, representing 6% of the proceeds raised from subscriptions by, and 6% of the units issued to, certain placees.

The transaction will include participation from one insider for 85 debentures CAD 85,000 and 36 placees.