Talisker Announces Upsize of Brokered Private Placement for Gross Proceeds of up to $7.0 Million

Core Viewpoint - Talisker Resources Ltd. has increased the maximum gross proceeds of its private placement from C$6,500,000 to C$7,000,000 due to strong investor demand [1] Group 1: Offering Details - The revised Offering consists of the sale of up to 14,000,000 units at a price of $0.50 per Unit [1] - Each Unit includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.75 for 36 months post-Closing Date [2] - Red Cloud Securities Inc. has the option to sell an additional 2,000,000 Units for up to an additional C$1,000,000 in gross proceeds [3] Group 2: Regulatory Compliance - Up to 11,320,000 Units may be sold under the Offering in Canadian Selling Jurisdictions, excluding Québec, under the listed issuer financing exemption [4] - Non-LIFE Units may be issued to accredited investors in Canada and purchasers outside Canada, including the U.S., under certain exemptions [5] Group 3: Use of Proceeds - The net proceeds from the Offering will be used for advancing the Bralorne Gold Project in British Columbia, general corporate purposes, and working capital [8] Group 4: Closing Information - The Offering is scheduled to close on or about April 29, 2025, subject to regulatory approvals [7]