Opus One closes final tranche of placement

Executive Summary

• Opus One Gold Corp. has closed the second and final tranche of its non-brokered private placement, raising $340,275 from the sale of 5,235,000 units.
• The total aggregate gross proceeds from the offering, including a previous closing on December 30, 2025, amount to approximately $2,569,100.
• Funds will be utilized for exploration on mineral properties and general working capital, with the transaction subject to TSX Venture Exchange approval.

Key Details

• Tranche 2 Closing: Closed 5,235,000 units at a price of $0.065 per unit.
• Gross Proceeds (Tranche 2): $340,275.
• Aggregate Gross Proceeds: Approximately $2,569,100 (including the Dec. 30, 2025 closing of flow-through shares and units).
• Use of Proceeds: Exploration on mineral exploration properties and general working capital.
• Unit Structure: Each unit consists of one common share and one common share purchase warrant.
• Warrant Terms: Each warrant allows the holder to acquire one common share at an exercise price of $0.10 per share for a period of 24 months following closing.
• Finder’s Fees: $1,067.50 in cash fees paid; 43,200 compensation warrants issued to arm's-length finders (exercisable at $0.10/share for 24 months).
• Regulatory Status: Offered under the accredited investor exemption (NI 45-106); subject to a four-month hold period in Canada.
• Related Party Transactions:
  • Louis Morin (Director/Officer) acquired 500,000 units for $32,500.
  • Charles Chevrette (Director) acquired 400,000 units for $26,000.
  • Total insider subscription: $58,500.
  • Exempt from formal valuation and minority approval under Regulation 61-101 as the aggregate consideration does not exceed 25% of market capitalization.
  • Insiders abstained from voting on the offering.
• Closing Conditions: Subject to approval of the TSX Venture Exchange and other customary closing conditions.