Mr. J. Paul Sorbara reports

GOLDEN GOLIATH ANNOUNCES PRIVATE PLACEMENT

Further to its news release of July 7, 2025, Golden Goliath Resources Ltd. intends to increase the private placement to up to $1.2-million. The financing will consist of units priced at five cents with a full warrant. Each warrant will entitle the holder to purchase an additional common share at a price of eight cents for a period of 12 months from the date of closing of the private placement.

The company has retained Clarence Financial Pty. Ltd. as corporate adviser, and agreed to pay Clarence a finder's fee of 5 per cent cash in and 5 per cent in warrants having the same terms as the warrants forming part of the units. Clarence specializes in the provision of investment banking services for corporate advisory and capital market transactions.

The units will be subject to a statutory hold period of four months and a day from the closing date of the offering. The offering remains subject to regulatory approval.

The company intends to use the net proceeds of the offering to conduct exploration activities on its Wishore property in the Red Lake area in Ontario, for asset acquisition investigations and for general working capital.

About Golden Goliath Resources Ltd.

Golden Goliath is a junior exploration company based in Vancouver, B.C., focused on the exploration and development of precious metal properties in mining-friendly jurisdictions. The company is actively exploring its projects in Ontario's Red Lake district and other high-potential areas in Canada.

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