Gold Hunter Resources Closes Final Tranche of Financing; Fully Funded for Inaugural Drilling Program

Executive Summary

• Gold Hunter Resources closed the second and final tranche of its non‑brokered private placement, bringing total gross proceeds to $6.75 million, fully funding its inaugural drill program at the Great Northern Project.
• The financing consisted of $907,242 in flow‑through units ($0.055 per unit) and $4.667 million in non‑flow‑through units ($0.05 per unit), plus finder’s fees and warrants.
• Board update: Darrell Brown resigned from the Board of Directors effective immediately; the company is evaluating an advisory committee to support project advancement.

Key Details

• Total gross proceeds: $6,749,894 (combined first and second tranches).
• Second Tranche – Flow‑Through Units: 16,495,318 units @ $0.055 per unit = $907,242; each unit includes one flow‑through common share + ½ warrant (exercisable at $0.08 for 36 months).
• Second Tranche – Non‑Flow‑Through Units: 93,340,000 units @ $0.05 per unit = $4,667,000; each unit includes one common share + one warrant (exercisable at $0.075 for 36 months).
• First Tranche (closed Dec 30 2025): $1,175,652 gross proceeds – 12,830,037 flow‑through units @ C$0.055, 9,400,000 non‑flow‑through units @ C$0.05, plus finder’s fees ($74,176 cash + 1,403,202 warrants).
• Finder’s Fees (second tranche): $186,475 cash paid; 3,623,754 non‑transferable finder's warrants issued (exercise price $0.075–$0.08, 36‑month term).
• Hold Period & Resale Restrictions: All securities subject to a statutory hold of four months + one day; shareholder approval sought for warrant exercise due to dilution >100 % on a non‑diluted basis.
• Use of Proceeds:
• Flow‑through proceeds → eligible Canadian exploration expenses at Great Northern Project.
• Non‑flow‑through proceeds → drilling, technical studies, project advancement, and general working capital.
• Project Funding Status: Fully funded to execute up to 10,000 m of initial drilling, with flexibility to expand based on results.
• Investor Anchors: Long‑term mining investors including Golden Capital Consulting and Agro Concept Brazil.
• Board Update: Resignation of Darrell Brown (Director); company considering formation of an advisory committee for technical and governance support.

Notable Quotes

“This financing has secured the capital required to execute the robust drill program we have envisioned from the beginning.” – Sean Kingsley, President & CEO

“The upsizing of the financing allows us to drill properly, drill continuously, and drill with conviction… without delay or distraction.” – Sean Kingsley, President & CEO