On February 23, 2024, Scottie Resources Corp., closed the transaction. The company has issued 1,250,001 non flow-through units at a price of CAD 0.18 per NFT Unit and 5,044,445 flow-through units (the "Charity FT Units") at a price of CAD 0.27 per Charity FT Unit for aggregate gross proceeds of CAD 1,587,000 in its second tranche closing. The company issued an aggregate of 12,361,112 NFT units at a price of CAD 0.18 per NFT Unit and 5,044,445 Charity FT Units at a price of CAD 0.27 per Charity FT Unit, for aggregate gross proceeds of CAD 3,587,000.

As a part of the transaction, the company issued 288,333 finder's warrants and paid cash commissions of CAD 51,900.01 to certain finders. The securities offered in the Second Tranche are subject to a four month and a day transfer restriction from the date of issuance expiring on June 24, 2024. The transaction included participation from 6 placees and 1 pro group with total pro group involvement of 138,889 shares.

The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement.