On September 7, 2023, Gold Basin Resources Corporation, closed the transaction. The company issued 6,422,335 common shares at a price of CAD 0.15 per share for the gross proceeds of CAD 963,350 in the transaction. As a part of the transaction, the company paid aggregate cash finder?s fees of CAD 20,031 to certain finders. All shares issued in connection with the financing are subject to a four month hold period expiring January 7, 2024.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 24 placees, 3 existing insiders for 1,016,667 shares and 2 pro groups for 325,000 shares.