Onyx Gold Corp. announced a non-brokered private placement of flow-through shares at a price of CAD 0.215 per flow-through share and premium flow-through shares at a price of CAD 0.27 per premium flow-through share; for aggregate gross proceeds of up to CAD 1,500,000 on February 26, 2024. The company may pay finders' fees comprised of cash and securities in connection with the offering, subject to compliance with the policies of the TSX Venture Exchange.

All securities issued and sold under the offering will be subject to a hold period expiring four months and one day from their date of issuance. The completion of the offering and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.