On December 12, 2023, Cassiar Gold Corp. closed the transaction. the Company completed its non-brokered private placement offering whereby the Company issued a total of 6,005,500 non-flow through units at a price of CAD 0.25 per Unit for the gross proceeds of CAD 1,501,375 and 1,420,011 flow through units at a price of CAD 0.35 per FT Unit for the gross proceeds of CAD 497,003.85, for aggregate gross proceeds of CAD 1,998,378.95. The company has paid CAD 79,552.74 as finder's fees and issued 264,930 warrants. Each warrant entitles the holder to purchase one common share at a price of CAD 0.50 for a period of 24 years from the date of issuance.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 34 placees including existing insider involvement of 3 insiders for 1,460,000 shares.