Golden Age arranges $250,000 private placement

Executive Summary

• Golden Age Exploration Ltd. announced a non‑brokered private placement of up to 5 million units at C$0.05 per unit, targeting gross proceeds of $250,000.
• Each unit includes one common share and one transferable warrant (exercise price C$0.065, two‑year term).
• Proceeds will be allocated to working capital, including administration costs, exploration and evaluation expenditures, and short‑term investments; the placement has received conditional regulatory approval from the Canadian Securities Exchange.

Key Details

• Placement Size: Up to 5 million units.
• Unit Price: C$0.05 per unit (equivalent to $250,000 total gross proceeds).
• Unit Composition: 1 common share + 1 transferable warrant.
• Warrant Terms: Right to purchase one additional common share at C$0.065 per share; exercisable for two years from closing.
• Use of Proceeds: Unallocated working capital, administration costs, exploration and evaluation expenditures, other short‑term investments.
• Regulatory Status: Conditional approval received from the Canadian Securities Exchange.
• Holding Period: All shares issued upon closing are subject to a four‑month hold period under applicable securities laws.

Notable Quotes

(No CEO/President quotes were provided in the release.)