On June 21, 2024, Thesis Gold Inc closed the transaction. The company has issued 8,849,500 premium flow-through common shares at a price of CAD 1.13 per Premium FT Share for gross proceeds of up to CAD 9,999,935, up to 6,702,500 flow-through common shares at a price of CAD 0.90 per FT Share for gross proceeds of up to CAD 6,032,250 and up to 6,556,318 non flow-through common shares at a price of CAD 0.75 per Common Share for gross proceeds of up to CAD 4,917,238.5 for a total proceeds of CAD 20,949,423.5. In consideration of the services rendered by the Agents in connection with the Offering, the Company paid the Agents upon closing of the Offering a cash commission of CAD 1,256,965 equal to 6% of the gross proceeds from the Offering. In addition, the Company also issued to the Agents on Closing, 1,326,499 non-transferable compensation options to acquire a number of Common Shares equal to 6% of the aggregate number of Premium FT Shares, FT Shares and Common Shares sold under the Offering, having an exercise price of CAD 0.95 per Common Share for 18 months following Closing.