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Enter Symbol
or Name
USA
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Goldrea Resources Corp (2)
Symbol GOR
Shares Issued 85,525,443
Close 2025-11-21 C$ 0.015
Market Cap C$ 1,282,882
Recent Sedar+ Documents

Goldrea to close $188,016 2nd tranche of financing

2025-11-24 08:51 ET - News Release

Subject: GOR news release 2025.11.24 Word Document

File: '\\swfile\EmailIn\20251124 052032 Attachment news release 2025.11.24.docx'

Goldrea Closes Second Tranche of Oversubscribed Private Placement

November 24, 2025 - Vancouver, British Columbia CSE:GOR, Frankfurt:GOJ1, OTC,US:GORAF

Goldrea Resources Corp. ("Goldrea" or the "Company") is pleased to announce it will be closing a second tranche of its non-brokered oversubscribed private placement of $0.024 flow-through units ("FT Units") on December 1, 2025, subject to acceptance by regulatory authorities.

The Company has sold 7,834,000 FT Units for gross proceeds of $188,016. Each FT Unit is composed of one common share and half of a share purchase warrant (a "Warrant") with an exercise price of five cents for a period of three years. The Company will pay $8,961.60 in cash and issue 52,500 Warrants for finder's fees.

Insiders have subscribed for $12,000 of FT Units in the offering. Under Multilateral Instrument 61-101Protection of Minority Security Holders in Special Transactions, any participation by insiders in a private placementwill be considered a "related party transaction" (as such term is defined in the Instrument). However, insider participation in this case is exempt from the formal valuation and minority shareholder approval requirements for related party transactions as neither the fair market value of theFT Unitssubscribed for by the insiders, nor the consideration for theFT Unitspaid by such insiders, exceed 25% of the Company's market capitalization.

The proceeds of the private placement will be used to fund the exploration of Company's mineral properties located in the Golden Triangle, BC. 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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