On August 10, 2023, Solstice Gold Corp. closed the transaction. The company has issued 12,500,000 units for gross proceeds of approximately CAD 563,323.

Under the Offering, the company issued 1,625,000 units of the National Units at CAD 0.04 per National Unit, 7,846,500 units of the Ontario Units to residents in Ontario at CAD 0.05 per Ontario Unit and 3,028,500 units at CAD 0.035 per Unit. No proceeds under the offering are expected to be paid to Non-Arm?s Length Parties. Insiders of the company subscribed for an aggregate of 89,640 Ontario Units, 1,250,000 National Units and 1,849,928 Units for gross proceeds of approximately CAD 119,229 in the transaction.