On July 6, 2023, St. James Gold Corp closed the transaction. The company has issued 886,668 units for gross proceeds of CAD 133,000.2 in the transaction.

The transaction remains subject to the final approval of the TSX Venture Exchange. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 7 placees.

The company has received CAD 5,613.0064 ($7,492) from 1 investors pursuant to Regulation D.