On August 11, 2023, Tribeca Resources Corporation, closed the transaction. The company has issued 1,525,722 units, at a price of CAD 0.33 per unit, for gross proceeds of approximately CAD 503,488 in its second and final tranche closing. The company raised a total of CAD 3,309,863 in the transaction. The Company paid CAD 102,000 for finder?s fees and issued 309,090 finder?s warrants to an arm?s length agent who assisted the company in connection with the offering. Each finder?s warrant is exercisable to purchase one common share at a price of CAD 0.33 per common share for a period of 24 months from the date of issuance of the finder?s warrants. Following completion of the transaction, the company has 62,166,483 common shares outstanding. All securities issued pursuant to the Offering are subject to a statutory four month hold period from their date of issuance. The transaction was oversubscribed.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 31 placees including existing insider involvement of 2 insiders for 1,491,891 and pro group involvement for three pro groups for 610,575.