On November 7, 2023, Angold Resources Ltd. closed the transaction. The company amended the terms of the transaction and issued 16,880,000 common shares at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 844,000. No finder's fees were paid in connection with the offering.

The company has received CAD 54,000 pursuant to Regulation D and included participation from 3 investors.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 31 placees, 1 existing insider for 4,000,000 shares and 1 pro group for 1,000,000 shares.