Taurus Gold Corp. Update to Unit Private Placement

Executive Summary

• Taurus Gold Corp. announced an increased non‑brokered private placement of up to 150 million units at $0.05 per unit, targeting gross proceeds of up to $7.5 million.
• Each unit consists of one common share and one transferable warrant allowing purchase of an additional share at $0.064 for 36 months; finder’s fees and warrants are also disclosed.
• Net proceeds are earmarked to maintain the Charlotte Gold property, advance strategic business‑development initiatives, and provide general working capital, with closing expected on or before October 20, 2025 pending CSE and shareholder approvals.

Key Details

• Placement Size: Up to 150,000,000 units
• Unit Price: $0.05 per unit
• Gross Proceeds Target: Up to $7,500,000
• Unit Composition:
• 1 Common Share
• 1 Transferable common share purchase warrant (right to buy one additional Common Share at $0.064 for 36 months)
• Finder’s Compensation:
• Cash finder's fee equal to 8% of gross proceeds raised
• Finder’s Warrants equal to 8% of units placed, each warrant granting the right to subscribe for one Consolidated Common Share at $0.064 for 36 months
• Shareholder Approval: Required prior to closing; will be obtained via written consent of the majority of outstanding share capital per CSE policy.
• Use of Proceeds:
• Maintain Charlotte Gold property in good standing
• Advance strategic business‑development initiatives
• General working capital
• Closing Timeline: Anticipated on or before October 20, 2025; may occur in one or more tranches after required approvals.
• Holding Period: All securities subject to a hold period of four months and one day from the closing date under Canadian securities laws.
• Regulatory Notes: Securities not registered under U.S. securities law; offering limited to jurisdictions where exemption applies.

Notable Quotes

• “The increased financing will provide us with the capital needed to maintain our flagship Charlotte property, pursue strategic growth opportunities, and sustain day‑to‑day operations,” – Robert Sim, CEO / Director.