On April 3, 2024, Riley Gold Corp. closed the transaction. The transaction included participation from insiders of the company for 3,037,185 units including new investor Kinross Gold Corporation for 2,217,815 units. In connection with the closing of the private placement, the company paid finders' fees totaling CAD 25,567. The private placement and finders' fees are subject to regulatory approval.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 45 placees. The company has raised CAD 226,500.3936 ($166,888) from 5 investors pursuant to regulation D.