Canadian Goldcamps closes final tranche of financing

Executive Summary

• Canadian Goldcamps Corp. has closed the second and final tranche of its non-brokered private placement, issuing 4.45 million common shares at $0.10 per share.
• The company has raised aggregate gross proceeds of $1 million across both tranches, with the first tranche closing on December 31, 2025.
• Proceeds are allocated to an initial $100,000 cash payment to Stelmine Canada Ltd. for a proposed option agreement, with the remainder designated for general working capital.

Key Details

• Second Tranche Details:
  • Issued 4.45 million common shares.
  • Price: $0.10 per share.
  • Gross Proceeds: $445,000.
• Aggregate Financing:
  • Total Gross Proceeds: $1,000,000.
  • First Tranche Closed: December 31, 2025.
• Use of Proceeds:
  • $100,000 paid to Stelmine Canada Ltd. as an initial cash payment for a proposed option agreement.
  • Remaining proceeds used for general working capital.
• Regulatory Status:
  • Offering remains subject to regulatory approvals, including acceptance by the Canadian Securities Exchange.
  • Securities subject to a hold period of four months and one day from issuance.
• Related Party Transaction:
  • One officer subscribed for 50,000 shares in the second tranche.
  • Exempted from formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101 (MI 61-101) as the transaction value did not exceed 25% of market capitalization.
• Finder’s Fees:
  • Cash fee paid: $17,400.
  • Warrants issued: 174,000 non-transferable finders' warrants.
  • Warrant Terms: Exercise price of $0.12 per share; exercisable for 24 months from issuance.