On July 21, 2022, Visionary Gold Corp. closed the transaction. The company has issued 3,094,000 units for gross proceeds of CAD 154,700 in its second tranche bringing the total funds raised in the transaction to CAD 1,537,400.
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 14 placees including total pro group involvement of one placee for 2,000,000 shares. The transaction included participation of insiders such as John Adams for 7,000,000 shares, Daniel K. Newell for Crescent Global Gold Ltd. for 7,000,000 shares and William C. Van Horne for 200,000 shares. The company raised CAD 894099.92 pursuant to Regulation D in the transaction from 6 investors.