Golden Rapture Mining Corporation Closes First Tranche of $500,000 Financing

Executive Summary

• Golden Rapture Mining closed the first tranche of its non‑brokered private placement, raising $185,000 in gross proceeds.
• The financing consisted of 3,725,000 flow‑through (FT) units and 900,000 non‑flow‑through (NFT) units, each priced at $0.04 with associated warrants exercisable at $0.05.
• Proceeds will be allocated to corporate G&A expenses (NFT portion) and eligible exploration activities on the NW Ontario projects, including the newly acquired Northern Queen Mine Property.

Key Details

• Financing Structure – First tranche of a multi‑tranche private placement originally announced 19 Dec 2025.
• Units Issued
• 3,725,000 FT units @ $0.04 → $149,000 gross proceeds; each unit carries a 24‑month half warrant exercisable at $0.05 per whole warrant.
• 900,000 NFT units @ $0.04 → $36,000 gross proceeds; each unit carries a 24‑month full warrant exercisable at $0.05 per whole warrant.
• Finder Fees & Warrants
• PB Markets Inc.: cash fee $12,500 + 312,500 finder’s warrants @ C$0.05 (24‑month term).
• Research Capital: cash fee $2,000 + 50,000 finder’s warrants @ $0.05 (24‑month term).
• Ventum Financial: cash fee $1,000 + 25,000 finder’s warrants @ $0.05 (24‑month term).
• Use of Proceeds
• NFT proceeds ($36,000) → corporate General & Administrative costs.
• FT proceeds ($149,000) → eligible exploration expenses on NW Ontario projects, notably the Northern Queen Mine Property adjacent to Nexgold’s Goliath Gold Deposit.
• Statutory Hold Period – All common shares, warrants and finder’s warrants subject to a hold period of four months and one day from issuance.
• Future Financing – Company intends to close additional tranches in early 2026, aiming to secure the remaining tranche(s).

Notable Quotes

“We want to thank all our shareholders for their interest and support of the company's vision, and we look forward to securing the last tranche and conducting additional exploration in 2026.” – Richard Rivet, President & CEO.