On September 5, 2023, TriStar Gold Inc. closed the transaction. The company has closed the final tranche of its non-brokered private placement. A total of 12,061,538 units of the Company were sold under the final tranche of the Offering, at a price of CAD0.13 per unit for gross proceeds to the Company of CAD1,568,000.

Each unit is comprised of one common share of the Company and one-half of one transferable share purchase warrant. Each full warrant is exercisable for one common share of the Company at an exercise price of CAD0.20 per share and a three-year term-to-maturity. The Company previously completed the first tranche of the Offering for total gross proceeds of CAD1,665,970 on August 30, 2023, bringing total gross proceeds to CAD3,233,970.

The Company paid no commission or finder's fees in connection with the Offering. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction will include participation from seven placees and 2 existing insiders for 846,231 units.

The company has received CAD 1,834,007 ($1,357,599) from 2 investors pursuant to Regulation D.