On November 7, 2023, Silver Grail Resources Ltd. closed the transaction. All securities issued pursuant to the privateplacement are subject to a statutory four-month hold period. The private placement was approved by the TSX Venture Exchange on November 2, 2023, subject to satisfactory closing. There are no finders' fees or other commissions associated with the transaction. Two directors of the company, Dino Cremonese and Barry Holmes, participated in the private placement as to a combined total of 550,000 units through their wholly owned companies.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 12 placees including existing insider involvement of 2 insiders for 550,000.