On March 5, 2024, Gold Basin Resources Corporation closed the transaction. The company issued 5,500,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 550,000. The Company paid cash finder's fees and issued non-transferable finder's warrants to Leede Jones Gable Inc. (as to CAD 3,000 cash and 30,000 finder's warrants) in connection with the introduction to the Company of eligible investors in the Financing.

The finder's warrants entitle the holder thereof to purchase one Share at an exercise price of CAD 0.15 per Share for a period of one year from the closing of the Financing. The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement. The company has paid CAD 4,500 finder's fee and 440,000 warrants.

The transaction included participation from 11 placees. The company has raised CAD 500,001.1716 from 1 investor pursuant to regulation D.