Gold Terra is Upsizing Its Private Placement from C$6.3 Million to C$7.0 Million

On November 17, 2025, Gold Terra announced it is upsizing its previously announced non-brokered private placement from C$6.3 million to C$7.0 million due to strong demand. The financing was initially announced on November 12, 2025, and featured strategic investments from Eric Sprott and David Harquail.

The components of the upsized placement are: - Common Shares: C$1.5 million from the sale of 15 million shares at C$0.10 per share (unchanged). - Charitable Flow-Through (CFT) Shares: An increase to C$4.9 million from the sale of 35 million shares at C$0.14 per share (previously C$4.2 million from 30 million shares). - Flow-Through (FT) Shares: C$0.6 million from the sale of 5 million shares at C$0.12 per share (unchanged).

The gross proceeds will be used to fund Canadian exploration expenses on the company's Yellowknife Project, including the Con Mine Option property.

The decision to upsize the private placement from C$6.3 million to C$7.0 million is a materially positive development. It follows the highly significant news from five days prior announcing the participation of renowned mining investors Eric Sprott and David Harquail.

Gold Terra Resource Corp. is a Canadian exploration company focused on the Yellowknife City Gold Project in the Northwest Territories. This project controls a land package of over 900 sq km in one of Canada’s major high-grade gold camps, which historically produced over 14 million ounces of gold. The company's flagship project is the exploration of the Con Mine Option (CMO) property, optioned from Newmont, which hosts the past-producing Con Mine (6.1 Moz of historical production). The current strategy is to expand the existing NI 43-101 resource (109k oz Indicated, 432k oz Inferred as of Oct 2022) by drilling the prolific Campbell Shear structure, which was the source of most of the mine's historical high-grade production.