Early Warning News Release Regarding the Issuance of Securities of Golcap Resources Corp.

Executive Summary

• Lara Exploration Ltd. acquired 4,000,000 common shares of Golcap Resources Corp., representing a 12.55% ownership stake, at a deemed price of $0.25 per share.
• The newly‑acquired shares are held in escrow and may be returned to the issuer’s treasury and cancelled under certain conditions.
• This acquisition triggers early‑warning reporting requirements under NI 62‑103; Lara may acquire additional securities or dispose of the holdings in the future.

Key Details

• Acquisition Size: 4,000,000 common shares of Golcap Resources Corp. (CSE: GCP).
• Ownership Percentage Post‑Closing: 12.55% of Golcap’s issued and outstanding common shares.
• Deemed Purchase Price: $0.25 per share.
• Escrow Arrangement: Shares are held in escrow pursuant to the Property Option Agreement; they may be returned to treasury and cancelled under specified circumstances.
• Previous Holding: Lara held zero Golcap shares immediately before closing.
• Regulatory Context: Transaction reported in accordance with Section 3.1 of NI 62‑103 (Early Warning System).
• Future Actions: Lara may acquire additional securities or dispose of the current holdings based on market conditions and regulatory compliance.
• Reference: Golcap Resources Corp. news release dated December 3, 2025 provides additional context on potential share cancellation.

Notable Quotes

(No direct quotes were included in the release.)