Early Warning News Release Regarding the Issuance of Securities of Golcap Resources Corp.

Executive Summary

• Lara Exploration Ltd. acquired 4,000,000 common shares of Golcap Resources Corp., representing a 12.55% ownership stake, at a deemed price of $0.25 per share.
• The shares are held in escrow under the Property Option Agreement and may be returned to treasury or cancelled under certain conditions.
• This acquisition triggers early‑warning reporting requirements under NI 62‑103.

Key Details

• Lara Exploration Ltd. (TSXV: LRA) entered into a Property Option Agreement with Golcap Resources Corp. (CSE: GCP).
• Acquisition amount: 4,000,000 common shares of Golcap at a deemed price of $0.25 per share.
• Post‑closing ownership: 12.55% of Golcap’s issued and outstanding common shares.
• Prior to the transaction, Lara held no Golcap shares.
• The acquired shares are placed in escrow pursuant to the Agreement; they may be returned to Golcap’s treasury and cancelled under specified circumstances.
• Lara states the shares were purchased for investment purposes and may acquire additional securities or dispose of them as market conditions warrant, subject to regulatory compliance.
• Reference is made to Golcap’s news release dated December 3, 2025 for further context on the escrow arrangement.
• An early‑warning report filed by Lara is available on Golcap’s SEDAR+ profile (www.sedarplus.ca).

Notable Quotes

(No direct quotes were provided in the release.)