Mr. Chris Wensley reports

GOLD RUNNER EXPLORATION ANNOUNCES CLOSING OF INSTITUTIONAL SUPPORTED NON-BROKERED PRIVATE PLACEMENT OF $4.4 MILLION

Gold Runner Exploration Inc. has closed its previously announced non-brokered private placement financing for gross proceeds of $4,451,961 from the sale of 4,589,651 units at a price of 97 cents per unit. Each unit comprises one common share of the company and one common share purchase warrant, and each warrant entitles the holder thereof to acquire one common share of the company at a price of $1.50 per common share for a period of 36 months from the date of issuance. The securities issued under the offering have a hold period expiring four months and one day from the date of issuance pursuant to applicable Canadian securities laws. Closing of the offering remains subject to regulatory approvals, including approval of the Canadian Securities Exchange.

Net proceeds from the offering will be used for exploration and development of the company's assets, for claims and option payments in respect of the company's projects in the United States and Canada, and for general working capital purposes.

Pursuant to the offering, the company paid finders' fees to Canaccord Genuity Corp., Ventum Financial Corp., Leede Financial Inc., Haywood Securities Inc. and Redplug Inc., consisting of an aggregate of $77,358 in cash and 79,751 broker warrants, with each broker warrant exercisable for a period of 36 months from the date of issuance at a price of $1.50 per common share.

About Gold Runner Exploration Inc.

Gold Runner Exploration is an exploration company focused on the exploration and development of its portfolio of gold and silver properties located in prolific mining districts of Canada and the United States. In British Columbia, Gold Runner holds the option to acquire a 100-per-cent interest in the Golden Girl property, located in the prolific Golden Triangle of Northwestern British Columbia. In north-central Nevada, the company holds the Rock Creek gold project, the Falcon mine project and the Dry Creek project, located in the Tuscarora Mountains, in close proximity to the world-renowned Carlin trend. Gold Runner also holds a 10-per-cent carried interest in the Cimarron project, located in the San Antonio Mountains of Nye county, Nevada, within the Walker Lane trend.

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