On April 29, 2024, GoldON Resources Ltd. closed the transaction. The company issued 8,000,000 units at a price of CAD 0.05 per unit for maximum gross proceeds of CAD 400,000. Each unit will consist of one common share and one non-transferable share purchase warrant that will entitle the holder to purchase one additional common share of the company at a price of CAD 0.10 per share for two years from the closing date of the offering. All securities issued pursuant to this offering will have a hold period.

The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement. The transaction included participation from 11 placees.