Bronco Announces Increase to Previously Announced Financing

Executive Summary

• Bronco Resources Corp. increased its previously announced financing by adding up to 2,800,000 non‑flow‑through (NFT) units at $0.05 per unit, targeting gross proceeds of up to $140,000.
• Each NFT unit consists of one common share and half of a non‑transferable warrant exercisable at $0.10 per share for two years after closing.
• Proceeds will be used for general working capital and administrative purposes; the financing remains subject to TSX Venture Exchange approval.

Key Details

• Final Tranche Size: Up to 2,800,000 NFT units.
• Unit Price: $0.05 per NFT unit.
• Gross Proceeds Target: Up to $140,000 (NFT proceeds).
• Unit Composition: 1 common share + ½ non‑transferable common share purchase warrant.
• Warrant Exercise Price: $0.10 per share; exercisable for two years post‑closing.
• Finder’s Fees: 5% cash and 5% finder warrants (each warrant non‑transferable, allowing acquisition of one additional common share at $0.10 for two years).
• Holding Period: All securities issued are subject to a statutory four‑month‑and‑one‑day hold period from issuance date.
• Use of Proceeds: General working capital and administrative purposes.
• Regulatory Conditions: Financing remains subject to approval by the TSX Venture Exchange; securities not registered under U.S. securities laws and may not be offered or sold in the United States absent exemption.

Notable Quotes

• “We are pleased to increase our financing capacity, providing additional flexibility to advance our exploration programs and support ongoing corporate initiatives.” – Corbin Stewart, President and CEO

All forward‑looking statements are subject to risks and uncertainties detailed in the release.