Mr. Dustin Nanos reports

GOLDEN GOOSE RESOURCES CORP. CLOSES $1,033,000 FIRST TRANCHE OF PRIVATE PLACEMENT

Golden Goose Resources Corp. has closed the first tranche of its previously announced non-brokered private placement for aggregate proceeds of $1,033,000 through the issuance of an aggregate of 10.33 million units of the company.

"We are pleased to have completed the first tranche of our private placement and grateful for the continued support of our shareholders and investors. The funds will enable us to advance exploration at our Gran Esperanza property while supporting our ongoing corporate and working capital requirements. We remain focused on creating value through disciplined exploration and the systematic advancement of our mineral projects," said Dustin Nanos, chief executive officer and director of Golden Goose.

Each unit issued pursuant to the first tranche consists of one common share in the capital of the company and one-half of one transferrable common share purchase warrant of the company. Each warrant will entitle the holder thereof to purchase one common share at a price of 20 cents per warrant share until 5 p.m. Vancouver time on Oct. 29, 2028, subject to the warrant acceleration right (defined below). Each warrant will be subject to an acceleration right exercisable by the company if, for any 10 consecutive trading days, the daily volume-weighted average trading price of the common shares on the Canadian Securities Exchange is 35 cents or greater per common share. If the company exercises its warrant acceleration right, the new expiry date of the warrants will be the 30th day following the news release providing notice of such exercise. The company paid an aggregate of $24,090 in cash finders' fees and issued 240,900 broker warrants to eligible finders in connection with the first tranche. Each broker warrant is exercisable into one common share on the same terms as the warrants. The company intends to use the proceeds of the first tranche toward financing exploration at its Gran Esperanza property, for general working capital purposes which may include marketing and investor relations expenses, and to settle ordinary course payables to related parties.

The securities issued in connection with the first tranche, and the underlying securities, are subject to a hold period expiring on March 2, 2027. The first tranche is part of a non-brokered private placement of up to 15 million units for aggregate gross proceeds of up to $1.5-million that was previously announced on Oct. 14, 2026. The company retains the right to close additional tranches of the private placement and to raise up to an additional $2.5-million on a private placement basis through the issuance of up to an additional 25 million units on the same terms as the private placement, subject to compliance with applicable securities laws and Canadian Securities Exchange policies.

Dustin Nanos, a director and officer of the company, participated in the first tranche and indirectly acquired an aggregate of 1.2 million units through a holding company for an investment of $120,000, and Troy Baker, a director of the company, acquired 500,000 units for an investment of $50,000. Such participation constituted related-party transactions within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company relied upon the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as neither the fair market value of the securities issued to, nor the consideration to be paid by, such related parties exceeded 25 per cent of the company's market capitalization, as determined in accordance with MI 61-101. The company did not file a material change report more than 21 days before the expected closing of the first tranche because the company wished to complete the first tranche on an expedited basis for sound business reasons.

About Golden Goose Resources Corp.

Golden Goose is a mineral exploration company dedicated to the discovery and development of mineral resources. The company has the right to acquire 100 per cent of the Gran Esperanza property that covers 44,400 hectares of year-round accessible terrain in the Los Menucos district within the North Patagonian massif. The company also has the right to acquire 100 per cent of the Goldfire property totalling 83 claims covering 4,680 hectares located near Gold Field Ltd.'s Windfall project currently under development. The company holds a controlling interest in El Quemado project, comprising 20 mining concessions totalling 8,000 hectares in Salta province, Argentina.

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