Sky Gold Corp. announced a non-brokered private placement of up to issue10,000,000 units at a price of CAD 0.05 per unit for aggregate gross proceeds of CAD 500,000 on May 24, 2024. Each unit will be comprised of one common share and one transferable share purchase warrant.

Each warrant will entitle the subscriber to purchase one warrant share for a 36 month period after the closing date at an exercise price of CAD 0.07 per share. The finder?s fees will be paid pursuant to this financing. The financing is subject to TSX Venture approval.