Goldhills Holding Ltd Announces Proposed Private Placement

• The most recent news release (May 12, 2026) announces a proposed private placement of up to $150,000.
• The offering consists of 3,000,000 common shares priced at $0.05 per share.
• Proceeds are designated for general working capital purposes.
• Closing is subject to regulatory approvals, specifically from the TSX Venture Exchange.
• Historical news (May 27, 2025) indicates a drill permit was received for the Lennac Lake project targeting west zone porphyry copper-molybdenum mineralization.
• There is no reported drill result data or resource update between the May 2025 permit and the May 2026 financing announcement in the provided dataset.

• The $150,000 raise is immaterial to the company's overall valuation but signals a continued need for liquidity without proven asset growth.
• The offering price of $0.05 represents an approximate 17% discount to the recent market close of $0.06 (May 11, 2026), indicating dilution at a disadvantageous rate for existing shareholders.
• The absence of drill results or assay data following the permit issuance in May 2025 suggests execution delays or stalled exploration activity over a 12-month period.
• Financing without positive operational milestones (e.g., resource expansion, drilling completion) is typically viewed negatively by the market as it increases share count without increasing asset value proportionally.
• The news does not meet the threshold for "Material - Positive" due to lack of new discovery data or strategic partnership announcements.

• Goldhills Holding Ltd is an exploration company focused on the Lennac Lake project in British Columbia.
• The project is located in the Babine copper-molybdenum porphyry district, a known mineralized belt.
• Primary target is the west zone where historic drilling (2012) intersected porphyry Cu ± Mo mineralization to depths exceeding 300 meters.
• Exploration status involves multiyear area-based permits allowing for new drilling programs to test depth extensions and feeder zones.