Mr. John Campbell Smyth reports

GRAFTON RESOURCES ANNOUNCES CLOSING OF ADDITIONAL NON-BROKERED PRIVATE PLACEMENT OF UNITS

Grafton Resources Inc. has closed a further non-brokered private placement, raising aggregate gross proceeds of $350,000 via the issuance of 700,000 units of the company at a purchase price of 50 cents per unit. Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at a purchase price of 80 cents per warrant share until Dec. 15, 2027.

The company intends to use the proceeds of the offering toward working capital and general corporate purposes.

The company paid aggregate finders' fees of $22,400 in cash and issued 44,800 non-transferable finders' warrants to certain arm's-length finders. Each finder's warrant will entitle the holder to purchase one common share of the company at a purchase price of 80 cents per finder's share until Dec. 15, 2027. The offering remains subject to the acceptance of the Canadian Securities Exchange. The securities issued pursuant to the offering are subject to a four-month hold period expiring on April 16, 2026, in accordance with applicable securities laws.

We seek Safe Harbor.