Bronco Resources arranges $210,000 private placement

Executive Summary

• Bronco Resources Corp. announced a non‑brokered private placement to raise up to $210,000 in gross proceeds.
• The offering consists of up to 2 million flow‑through units at $0.055 each ($110,000 max) and up to 2 million non‑flow-through units at $0.05 each ($100,000 max).
• Proceeds will be used for eligible Canadian exploration expenses on the Placer Mountain gold project (flow‑through portion) and for general working capital/admin purposes (non‑flow‑through portion).

Key Details

• Units Structure
• Flow‑through unit: 1 common share + ½ warrant; warrant exercisable at $0.10 per share for 2 years post‑closing.

• Non‑flow-through unit: 1 common share + 1 warrant on the same terms as above.

• Pricing & Size

• Flow‑through units: up to 2,000,000 units @ $0.055 → max gross proceeds $110,000.

• Non‑flow-through units: up to 2,000,000 units @ $0.050 → max gross proceeds $100,000.

• Use of Proceeds

• Flow‑through proceeds → eligible Canadian exploration expenses for the Placer Mountain gold project; expenditures will be renounced to subscribers effective Dec 31 2025.

• Non‑flow-through proceeds → general working capital and administrative purposes.

• Finder’s Fees

• Cash fee: 5 % of gross proceeds.

• Finder warrants: 5 % of units, each warrant granting the right to purchase one additional common share at $0.10 for two years after closing (same terms as other warrants).

• Securities Hold Period

• All issued securities are subject to a statutory hold period of four months and one day from issuance date.

• Regulatory Conditions

• Financing remains subject to approval by the TSX Venture Exchange.

Notable Quotes

(No executive quotes were provided in the release.)