Golden Goose Resources Closes Oversubscribed Private Placement

Executive Summary

• Golden Goose Resources Corp. closed its previously announced non‑brokered private placement, raising C$855,625 in aggregate gross proceeds.
• The offering consisted of 4,805,000 hard‑dollar (HD) units at $0.125 per unit and 1,700,000 flow‑through (FT) units at $0.15 per unit, each accompanied by share purchase warrants.
• Net proceeds will fund ≈C$260,000 of additional exploration in Argentina and provide general working capital; FT proceeds will be used for eligible Canadian exploration expenses on Quebec mineral interests.

Key Details

• Units Issued
• HD Units: 4,805,000 units @ $0.125 each → C$600,625 gross
  • Each HD unit = 1 common share + 1 HD warrant (exercise price $0.25, 24‑month term).

• FT Units: 1,700,000 units @ $0.15 each → C$255,000 gross

  • Each FT unit = 1 flow‑through common share + ½ FT warrant (exercise price $0.25, 12‑month term).

• Warrant Terms

• HD Warrants: exercisable into one common share at $0.25 per share for 24 months from closing; subject to accelerated expiry under certain conditions.

• FT Warrants: whole warrant exercisable into one common share at $0.25 per share for 12 months from closing; each unit receives half a warrant.

• Statutory Hold Period: All securities subject to a four‑month‑plus‑one‑day hold period from issuance.

• Finder’s Fees Paid

• Ventum Financial Corp.: C$29,050 cash + 232,400 non‑transferable broker warrants (same terms as HD Warrants).
• Eskar Capital: C$20,400 cash + 136,000 non‑transferable broker warrants.

• Research Capital: C$2,600 cash + 20,800 non‑transferable broker warrants.

• Use of Proceeds

• HD Unit net proceeds: Approximately C$260,000 earmarked for additional exploration on the Argentine project and general working capital.

• FT Unit gross proceeds: Dedicated to Canadian eligible resource exploration expenses qualifying as “Canadian Exploration Expenses” on Quebec mineral interests.

• Regulatory Notice

• Securities not registered under U.S. securities laws; cannot be offered or sold in the United States or to U.S. persons without exemption or registration.

Notable Quotes

(No executive quotes were included in the release.)