On June 5, 2024, Unigold Inc. closed the transaction. The company announced that 18,668,125 units at a price of CAD 0.08 per Unit for gross proceeds of CAD 1,493,450. No finders were paid in connection with this closing of the Offering.

All securities issued under the Offering are subject to a four-month hold period. The Offering is subject to final acceptance of the TSX Venture Exchange. The transaction included participation from individual investor Normand Tremblay for 200,000 units.

Each Unit will consist of one common share and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of CAD 0.12 until four years following the date of issue.