Bronco Resources Closes Private Placement

(via TheNewswire)   September 21, 2026 – TheNewswire - BRONCO RESOURCES CORP. (TSX-V: BRON ) (“ Bronco ” or the “ Company ”), is pleased to announce it has closed its previously announced (see news release August 31, 2026) non-brokered private placement (the “ Financing ”) for gross proceeds of $450,000 through the sale of 9,000,000 units (the “ Units ”) at the price of $0.05 per Unit. Each Unit consists of one common share (a “ Share ”) of the Company and one-half of one non-transferable share purchase warrant (each a whole warrant a “ Warrant ”).  Each Warrant entitles the holder to purchase one additional Share of the Company at a price of $0.10 per share until September 21, 2028 (the “ Expiry Date ”).   The Company paid finders' fees of $17,700 in cash and issued 354,000 non-transferable finders warrants (“ Finder Warrant ”). Each Finder Warrant entitles the holder to acquire one additional common share in the capital of the Company at a price of $0.10 until September 21, 2028.     All securities issued pursuant to the Financing are subject to a statutory four month and one day hold period until January 22, 2027.     The proceeds from the sale of the Financing will be used to to advance the Company’s Placer Mountain Gold Project in British Columbia and for general working capital.   An insider of the Company participated in the Financing for an aggregate amount of 400,000 Units. Such participation is considered a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“ MI 61-101 ”). In completing such transaction, the Company relied on exemptions from the formal valuation and minority shareholders approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the Insiders’ participation in the Offering did not exceed 25% of the fair market value of the Company.   This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.   About Bronco Bronco Resources Corp. is a TSX Venture Exchange listed mineral exploration company actively focused on the exploration of the Placer Mountain Gold Project, located in Princeton, BC, currently holding an 88%/12% JV between Bronco and Universal Copper Ltd. respectively. Bronco’s Board of Directors is seasoned in the mineral exploration industry with extensive successful domestic and international experience.    ON BEHALF OF THE BOARD OF DIRECTORS OF BRONCO RESOURCES CORP.   “Dev Rishy-Maharaj” Dev Rishy-Maharaj, President and CEO   For additional information visit Bronco’s website at https:// www.broncoresources.com or contact:   Bronco Resources Corp. Dev Rishy-Maharaj Chief Executive Officer   Or   Terese Gieselman Chief Financial Officer   (236) 763-6827   Forward-Looking Information This press release contains certain forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation (collectively, " Forward-looking Statements "). Any statements that are contained in this press release that are not statements of historical fact may be deemed to be Forward-looking Statements. Forward-looking Statements are frequently, but not always, identified by words such as "may", "will", "intends", "proposed", "believes", "continues", "plans", "expects" or similar expressions (or the negative and grammatical variations of any of these terms). Forward-looking Statements in this press release include, but are not limited to, statements with respect to: the intended use of net proceeds from the Financing : the Company's resource properties and future capital requirements; and the Company's plans, focus and objectives.   Forward-looking Statements involve various risks and uncertainties and are based on certain factors and assumptions. Although Bronco’s management considers these beliefs and assumptions reasonable based on currently available information, there can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking Statements necessarily involve known and unknown risks, and important factors, among others, that could cause actual results to differ materially from the Company's expectations include: uncertainties related to the Company's ability to access investors for the Financing; the timeliness and success of regulatory approvals; fluctuations in copper and other commodity prices; uncertainties inherent in the exploration of mineral properties; risks associated with general economic conditions; changes in legislation, income tax and regulatory matters; currency and interest rate fluctuations; inability to access sufficient capital from internal and external sources.   Readers are further cautioned not to place undue reliance on Forward-looking Statements as there can be no assurances that the plans, intentions or expectations upon which they are placed will occur. The Company undertakes no obligation to update or revise any Forward-looking Statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Bronco to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any Forward-looking Statement. Any Forward-looking Statements contained in this press release are expressly qualified in their entirety by this cautionary statement.   Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.   Copyright (c) 2026 TheNewswire - All rights reserved.