On December 14, 2023, Revival Gold Inc. closed the transaction. The company issued 2,994,485 units for gross proceeds of CAD 1,048,069.75 in its second and final tranche. The company paid commissions to certain finders of an aggregate of CAD 5,250 in cash and 15,000 finder warrants. Each finder warrant entitles the holder thereof to purchase one common share at an exercise price of CAD 0.35 per finder warrant share for a period of thirty-six months from the closing of the second tranche. The company has raised 9,229,129 units in the transaction.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 41 placees including existing insider involvement of one insider for 100,000 and pro group involvement of 3 pro groups for 295,000.