On October 5, 2023, Sylla Gold Corp. closed the transaction. The company has issued 4,200,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 210,000 in its second and final tranche closing. The company has raised total CAD 452,500 through the issuance of an aggregate of 9,050,000 units in the transaction.

The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement. The transaction included participation from 12 placees including existing insider involvement of 3 insiders for 3,350,000 and pro group involvement of one pro group for 500,000. The company has issued units pursuant to Regulation D for CAD 20,000.