Radisson Mining increases financing to $25-million

Executive Summary

• Radisson Mining Resources Inc. has increased the aggregate size of its bought‑deal private placement to approximately $25 million.
• The offering will consist of 41,667,000 Class A common shares at C$0.60 per share, for gross proceeds of $25,000,200.
• Net proceeds are earmarked for continued exploration and advancement of the O’Brien gold project and general corporate purposes; closing is expected around Oct. 7, 2025.

Key Details

• Offering Size & Price: 41,667,000 Class A common shares @ C$0.60 per share → gross proceeds $25,000,200 (≈ $25 million).
• Underwriter Option: Underwriters have waived their previously granted option to increase the offering size further.
• Use of Proceeds: Primarily for exploration and development of the O’Brien gold project; remainder for general corporate purposes.
• Closing Date: Expected on or about Oct. 7, 2025, subject to regulatory approvals (including TSX‑V conditional approval).
• Regulatory Exemptions: Shares offered under National Instrument 45‑106 listed issuer financing exemption in Canada; also available to U.S. and other international investors under applicable exemptions. No hold period for Canadian investors.
• Qualified Person Disclosure: Scientific/technical disclosure prepared under the supervision of Richard Nieminen, P.Geo., qualified person per NI 43‑101.

Notable Quotes

(No direct CEO/President quotes were included in the release.)