Gold Runner Upsizes Financing to $1,300,000 Due to Strong Demand

Executive Summary

• Gold Runner Exploration Inc. upsized its previously announced non‑brokered private placement to up to 6,500,000 units at $0.20 per unit, targeting gross proceeds of up to $1,300,000.
• Each unit consists of one common share and one warrant; the warrant allows purchase of a common share at $0.40 for 60 months after closing.
• The offering remains subject to CSE approval and is expected to close on or about November 26 2025, with a four‑month hold period plus one day.

Key Details

• Upsized Offering: Up to 6,500,000 units (previously announced on November 18, 2025).
• Pricing: $0.20 per unit → aggregate gross proceeds up to $1,300,000.
• Unit Composition: 1 common share + 1 common share purchase warrant.
• Warrant Terms: Exercise price $0.40 per share; exercisable for 60 months from closing.
• Hold Period: Units subject to a hold period expiring four months and one day after issuance, per Canadian securities law.
• Closing Date: Anticipated on or about November 26, 2025.
• Regulatory Conditions: Closing contingent upon CSE approval; Company obtained an exemption from shareholder approval under CSE Policy 4.6(2)(b) for issuing >100% of diluted share capital.
• Use of Proceeds: Not explicitly detailed in the release (assumed to fund ongoing exploration activities and corporate purposes).

Notable Quotes

(No direct quotes were provided in the release.)