Bronco Announces Increase to Previously Announced Financing

Executive Summary

• Bronco Resources Corp. increased its previously announced financing, adding up to 3,636,365 flow‑through (FT) units at $0.055 per unit for gross proceeds of up to $200,000.
• The financing also includes up to 2,000,000 non‑flow‑through (NFT) units at $0.05 per unit for gross proceeds of up to $100,000.
• Proceeds will be used for eligible Canadian exploration expenses on the Placer Mountain Gold Project (FT portion) and for general working capital and administrative purposes (NFT portion).

Key Details

• FT Units: 3,636,365 units @ $0.055 per unit → $200,000 gross proceeds.
• NFT Units: 2,000,000 units @ $0.05 per unit → $100,000 gross proceeds.
• Each FT Unit consists of:
• 1 common share (flow‑through share)
• ½ of a common‑share purchase warrant, exercisable at $0.10 per share for two years post‑closing.
• Each NFT Unit consists of:
• 1 common share
• ½ of a warrant on the same terms as FT warrants ($0.10 exercise price, two‑year term).
• Use of Proceeds:
• FT proceeds → eligible Canadian exploration expenses for the Placer Mountain Gold Project; expenses to be renounced to FT shareholders effective Dec 31 2025.
• NFT proceeds → general working capital and administrative purposes.
• Finder’s Fees: Up to 5% cash fee plus 5% finder warrants (each warrant allows purchase of one additional common share at $0.10 for two years).
• All securities subject to a statutory four‑month‑plus‑one‑day hold period; financing remains conditional on TSX Venture Exchange approval.
• Securities not registered under U.S. securities laws; cannot be offered or sold in the United States absent exemption.

Notable Quotes

“Corbin Stewart, President and CEO” – signatory on behalf of the Board (no direct quote provided).