Exploits Increases and Closes Final Tranche of Its Flow Through Share Private Placement

Executive Summary

• Exploits Discovery Corp. closed the final tranche of its non‑brokered private placement, raising $690,750 through the issuance of 9,210,000 flow‑through common shares at $0.075 per share.
• The proceeds will be used to incur eligible Canadian exploration expenses (flow‑through mining expenditures) on the Company’s Québec and Ontario gold projects, with spend by December 31 2026 and renunciation to shareholders by December 31 2025.
• A cash finder’s fee of $37,170 was paid; no finder's warrants were issued.

Key Details

• Financing Structure: 9,210,000 flow‑through common shares (FT Shares) sold at $0.075 per share, total gross proceeds $690,750.
• Hold Period: Four months and one day, expiring April 30 2026, in accordance with Canadian securities laws.
• Use of Proceeds: To fund eligible “Canadian exploration expenses” that qualify as flow‑through mining expenditures on Québec and Ontario gold projects (including Fenton, Wilson, Benoist, Hawkins). Expenditures to be incurred on or before December 31 2026.
• Renunciation Timing: Qualifying expenditures will be renounced to FT Share subscribers by December 31 2025, in an aggregate amount not less than the gross proceeds.
• Finder’s Compensation: Cash fee of $37,170 paid to eligible finders; no warrants issued.
• Regulatory Notes: Financing subject to final acceptance by the Canadian Securities Exchange and compliance with MI 61‑101 exemptions (minority approval and valuation).
• Corporate Participation: Directors and officers participated in the financing.

Notable Quotes

• “The successful closing of our final tranche provides essential capital to advance our high‑potential gold projects in Québec and Ontario, reinforcing our commitment to delivering shareholder value through discovery and resource growth.” – Jeff Swinoga, President and CEO.