Dynasty Gold Closes Non-Brokered Financing

Executive Summary

• Dynasty Gold Corp. announced a non‑brokered private placement to raise total gross proceeds of $751,800 in both non‑flow‑through and flow‑through units.
• The financing fully funds the company’s current drill program and its 2026 exploration program, adding to an existing cash reserve of over $3 million.
• Proceeds are allocated for working capital (non‑flow‑through) and Canadian exploration expenses on the Thundercloud gold project (flow‑through).

Key Details

• Total Gross Proceeds: $751,800 (combined non‑flow‑through and flow‑through units).
• Non‑Flow‑Through Offering:
• Units subscribed: 1,255,555
• Gross proceeds: $226,000
• Unit composition: 1 common share @ $0.18 + ½ common share purchase warrant.
• Warrant terms: Purchase one common share at $0.30 for 24 months; callable if TSX‑V price ≥ $0.43 for 7 consecutive days (20‑day notice).
• Finder’s fees: $15,820; broker’s warrants: 87,888 (same terms as above).
• Net proceeds earmarked for working capital.
• Flow‑Through Offering:
• Units offered: 2,390,000
• Gross proceeds: $525,800
• Unit composition: 1 flow‑through share @ $0.22 + ½ common share purchase warrant.
• Warrant terms: Purchase one non‑flow‑through common share at $0.33 for 24 months; callable under same price condition as above.
• Finder’s fees: $30,360; additional 138,000 non‑flow‑through common share warrants issued to Roche Securities Limited (purchase price $0.22, 24‑month term).
• Use of Proceeds – Flow‑Through: To incur “Canadian exploration expenses” qualifying as flow‑through mining expenditures for the Thundercloud gold project in Ontario; renounced to subscribers by Dec 31 2025 in an amount ≥ total gross proceeds from flow‑through shares.
• Statutory Hold Period: All securities issued are subject to a four‑month‑and‑one‑day hold period.

Notable Quotes

• Ivy Chong, President & CEO: “The Company builds on its existing cash reserve of over $3 million and is now fully funded for its current drill program and the 2026 exploration program.”