Sanatana Resources Inc. Announces Closing of Second Tranche of Private Placement and Name Change (Now Gold Strike Resources Corp.)

Executive Summary

• Completed the second and final tranche of a non‑brokered private placement, issuing 221,667 units at $0.60 per unit for gross proceeds of $133,000.20.
• Simultaneously finalized the acquisition of the Gold Strike One Project (Yukon) and the Abitibi Property (Quebec).
• Announced a corporate name change to Gold Strike Resources Corp. with a new ticker symbol “GSR” effective October 8, 2025.

Key Details

• Units Issued: 221,667 units (each unit = 1 common share + ½ warrant).
• Pricing & Proceeds: $0.60 per unit; total cash proceeds of $133,000.20.
• Finder Compensation: Paid $2,310 in cash and issued 3,850 Finder’s Warrants; overall finder fees amounted to $124,741.47 cash and 207,901 Finder’s Warrants issued.
• Hold Period: Securities subject to a statutory hold period of four months plus one day, expiring February 4, 2026.
• Acquisition Context: The private placement was conducted concurrently with the acquisition of two properties (Gold Strike One Project in Yukon and Abitibi Property in Quebec). Details on use of proceeds and warrant terms referenced in prior release dated October 1, 2025.
• Name Change & Ticker Update: Company will trade under new name “Gold Strike Resources Corp.” and ticker “GSR” beginning October 8, 2025; current ticker remains “STA” until that date. New CUSIP: 79957A302.
• Regulatory Disclaimer: Securities not registered in the United States; offering limited to jurisdictions where exemption applies.

Notable Quotes

• “The completion of this financing and our strategic acquisition positions us well for advancing high‑impact exploration projects under our new corporate identity.” – Peter Miles, CEO.