Subject: GOR news release 2025.09.16
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File: '\\swfile\EmailIn\20250916 120056 Attachment news release 2025.09.16.docx'
Goldrea Closes First Tranche of Private Placement
September 16, 2025 - Vancouver, British Columbia CSE:GOR, Frankfurt:GOJ1, OTC,US:GORAF
Goldrea Resources Corp. ("Goldrea" or the "Company") announces it will be closing a first tranche of its non-brokered private placement of $0.016 flow-through units ("FT Units") and $0.014 units ("Units") on September 23, 2025, subject to acceptance by regulatory authorities.
The Company has sold 4,100,000 FT Units and 2,750,000 Units for gross proceeds of $104,100. Each FT Unit will be composed of one flow-through common share and half of a non-flow-through common share purchase warrant with an exercise price of five cents for a period of three years. Each Unit will be composed of one common share and one full common share purchase warrant with an exercise price of five cents for a period of three years. The Company will pay $2800 in finder's fees for the private placement.
The proceeds of the private placement will be used to fund the exploration of Company's mineral properties and for general administrative expenses. All securities issued under the private placement will have a four-month hold.
For more information, please contact:
James Elbert, President and CEO
Telephone: (604) 559-7230
Email: jelbert@goldrea.com
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
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