On May 8, 2024, Ridgeline Minerals Corp. closed the transaction. The company has now issued 18,481,801 units at an issue price of CAD 0.12 per Unit for gross proceeds of CAD 2,217,816.12. Each Warrant entitles the holder to acquire one additional common share in the company at a price of CAD 0.18 per share until May 7, 2026. In connection with the Offering the company has paid aggregate cash finders' fees of CAD 76,848.96. All securities issued pursuant to the Offering will be subject to a statutory four month and one day hold expiring on September 8, 2024. The transaction was oversubscribed. The company has received $613,382 (CAD 837,248.02854) from 8 investors pursuant to exemption provided under Regulation D. The company has paid finder fees $15,441 (CAD 21,076.50177).

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 63 placees including pro group involvement of 5 pro groups for 985,000.