Goliath Resources Closes Concurrent C$4,062,500 Non-Brokered CFT Share Financing At C$3.17 Each For Combined Gross Proceeds of C$27,065,605

Core Viewpoint - Goliath Resources Limited has successfully completed a financing round, raising a total of C$27,065,605 through the issuance of Charity Flow-Through Shares, which will be used to advance exploration activities on its Golddigger-Surebet Project [1][4]. Financing Details - The financing included a bought deal of 7,256,500 Charity Flow-Through Shares at C$3.17 each, generating gross proceeds of C$23,003,103, alongside a non-brokered financing of 1,281,545 shares for an additional C$4,062,500 [1]. - A cash commission of 6.0% of the gross proceeds was paid, along with 512,284 common share purchase warrants, each exercisable at C$2.12 until June 16 and June 17, 2027 [3]. Use of Proceeds - The proceeds from the Offering will be allocated to exploration expenses qualifying as "Canadian exploration expenses" and "flow-through critical mineral mining expenditures" under the Income Tax Act (Canada) [4]. - The Company plans to incur these expenses by December 31, 2026, with renouncement to subscribers by December 31, 2025 [4]. Regulatory and Compliance Information - The Offering is subject to a statutory hold period and requires final approval from the TSX Venture Exchange [5]. - The purchase warrants and shares are also subject to a hold period expiring on October 17, 2025, and October 18, 2025, respectively [5]. Company Overview - Goliath Resources Limited is focused on exploring precious metals projects in the Golden Triangle of northwestern British Columbia, with a commitment to high-quality geological settings and safe jurisdictions for mining [7].