On September 12, 2022, Unigold Inc. closed the transaction. The company issued a total of 19,800,000 Units at a price of CAD 0.08 for gross proceeds of CAD 1,584,000 in the transaction. The company announced that it has issued 2,300,000 units for proceeds of CAD 184,000 in its second and final tranche closing. No finders were paid in connection with this closing. All securities issued under the tranche are subject to a four-month hold period until January 13, 2023. The transaction is subject to final acceptance of the TSX Venture Exchange.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from seven placees and a total insider involvement for 1,400,000 units.