On May 2, 2024, Revival Gold Inc. closed the transaction. The company issued 22,398,325 subscription receipts at a price of CAD 0.32 per Subscription Receipt for aggregate gross proceeds of up to CAD 7,167,464. The company paid the agent a cash commission of CAD 430,047 and 1,343,900 non-transferable compensation warrants.

Each compensation warrant entitles the holder to purchase one share at the issue price for a period of twenty-four months from the satisfaction of the escrow release conditions. The transaction included participation from certain insiders of the company, namely Hugh Agro, Robert Chausse, Wayne Hubert, Michael Mansfield, Maura Lendon and Tim Warman for an aggregate of 1,402,950 subscription receipts.