Mr. James Elbert reports

GOLDREA AMENDS TERMS OF PRIVATE PLACEMENT

Goldrea Resources Corp. is adjusting certain terms of its private placement of units, which was previously arranged on Feb. 9, 2024. The price of each unit will now be 1.2 cents instead of 1.5 cents, and each warrant will have an exercise price of five cents per share with an exercise period of three years. Accordingly, the number of units to be offered for the private placement will now be increased to eight million units, in order to raise gross proceeds of up to $96,000. Each unit will continue to comprise one common share and one common share purchase warrant.

The gross proceeds from the private placement will be used for exploration and other activities for the advancement of the company's mineral properties, and for general working capital. All securities issued under the private placement will be subject to resale restrictions, including a four-month hold. A finder's fee may be paid in connection with the financing.

We seek Safe Harbor.