On June 28, 2024, Trifecta Gold Ltd. closed the transaction. The company has now issued 9,859,934 units at a price of CAD 0.15 per unit for the gross proceeds of CAD 1,478,990.10 in the transaction. Each warrant entitling the holder to purchase one additional common share at a price of CAD 0.25 per share until June 28, 2025.

All securities issued as part of the closing of this private placement, including any shares that may be issued pursuant to the exercise of the warrants or the finder warrants, are subject to a hold period in Canada until October 29, 2024. Insiders of the company purchased a total of 2,868,300 units in the private placement.