On September 25, 2023, Provenance Gold Corp., closed the transaction. The company issued 15,517,000 units at a price of CAD 0.08 per unit for gross proceeds of up to CAD 1,241,360 in the transaction. Each unit issued in the offering consists of one common share in capital of the company and one common share purchase warrant.

The transaction was oversubscribed. . Each Warrant entitles the holder thereof to purchase one common share at a price of CAD 0.12 per common share until September 22, 2026.

. In connection with the offering, the company has paid finders' fees of CAD 3,360 to an arms-length brokerage firm in consideration for the introduction of subscribers.