Mr. George Yordanov reports

CANADIAN GOLDCAMPS CLOSES SECOND TRANCHE OF PRIVATE PLACEMENT

Canadian Goldcamps Corp. has closed the second and final tranche of its previously announced non-brokered private placement financing.

Pursuant to the second tranche, the company issued 4.45 million common shares of the company at a price of 10 cents per share for gross proceeds of $445,000.

Together with the first tranche, which closed on Dec. 31, 2025, the company has raised aggregate gross proceeds of $1-million. A portion of the proceeds has been used to make the initial $100,000 cash payment to Stelmine Canada Ltd. in connection with the proposed option agreement, with the remaining proceeds to be used for general working capital purposes.

The offering remains subject to the receipt of all required regulatory approvals, including acceptance of the Canadian Securities Exchange. All securities issued in connection with the offering are subject to a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws.

Multilateral Instrument 61-101 disclosure

One officer of the company participated in the second tranche of the offering and subscribed for an aggregate of 50,000 shares. Such participation constitutes a related party transaction within the meaning of MI 61-101, Protection of Minority Security Holders in Special Transactions. The company relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 set out in sections 5.5(a) and 5.7(1)(a) of MI 61-101, on the basis that neither the fair market value of the securities issued to, nor the consideration paid by, the related party exceeded 25 per cent of the company's market capitalization, as determined in accordance with MI 61-101.

In connection with the second tranche, the company paid finders' fees to eligible finders consisting of a cash fee of $17,400 and the issuance of 174,000 finders' warrants. Each non-transferable finder's warrant entitles the holder to acquire one share at an exercise price of 12 cents per share for a period of 24 months from the date of issuance.

We seek Safe Harbor.