On June 13, 2024, Bullion Gold Resources Corp. closed the transaction. The company will now issue 4,300,000 common share units at a price of CAD 0.04 per unit for the gross proceeds of CAD 172,000 and 300,000 units of common stock at a price of CAD 0.05 per unit for gross proceeds of CAD 15,000, for total gross proceeds of CAD 187,000 in the transaction.

An insider of the company subscribed for a total of 300,000 Units under the Offering, In connection with the Offering, the company paid a finder's fee of 7% in cash equal to CAD 3,133.36 and issued 78,334 finder's warrants to one arm's length finder. Each finder's warrant is exercisable to acquire one additional common share at a price of CAD 0.04 per warrant for a period of 24 months from issuance. All securities issued pursuant to the Offering will be subject to a hold period of four months and one day ending on October 11, 2024.

The placement is subject to final approval by the TSX Venture Exchange. The transaction included participation from individual investor Gagne-Godbout.