On March 18, 2024, Greenridge Exploration Inc. closed the transaction. The company has now issued 9,211,724 units at a price of CAD 0.38 unit for gross proceeds of up to CAD 3,500,455.12. Finder's fees of CAD 233,188.90 and 613,655 finder's warrants were paid to arm's length parties in connection with the Offering.

The shares issued under the Offering will be subject to a statutory hold period expiring four months and one day from the date of issuance.