On April 19, 2024, Gold Terra Resource Corp. closed the transaction. The company issued 50,000,000 common shares at an issue price of CAD 0.05 per share for gross proceeds of CAD 2,500,000. The transaction included participation from an insider who have purchased 240,000 common shares. A finder's fee of 6% cash totaling CAD 33,120 was paid to certain finders. All securities are subject to a four month hold period from the date of closing.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 50 placees including existing insider involvement of 1 insider for 240,000 and pro group involvement of 9 pro groups for 4,700,000.