Gold Terra Resource Corp announced a non-brokered private placement of 50,000,000 common shares at an issue price of CAD 0.05 per share for gross proceeds of CAD 2,500,000 on April 10, 2024. The transaction will include participation from Eric Sprott as the lead investor. The transaction is expected to close on or around April 19, 2024.

The company will pay a 6% finder?s fees to eligible parties in accordance with applicable securities laws and TSX-V policies.