On October 30, 2023, JZR Gold Inc closed the transaction. The company will now 4,000,000 units at an issue price of CAD 0.20 per unit for the gross proceeds of CAD 800,000. Each Unit consists of one common share and one share purchase warrant, which entitles the holder thereof to purchase one additional common share at a price of CAD 0.40 per Warrant Share for a period of two years after the closing of the Offering. All of the securities will be subject to a hold period of four months and one day from the date of issuance. The Company paid cash finder?s fees totaling CAD 7,200 and issued 36,000 non-transferable warrants to certain registered persons who acted as finders. The transaction included participation from one insider for 500,000.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 11 placees including existing insider involvement of one insider for 500,000 and pro group involvement of one pro group for 400,000.