Roscan Gold Announces Extension to Promissory Notes

Core Points - Roscan Gold Corporation intends to extend the maturity date of its outstanding secured subordinate promissory notes totaling $1,300,000 from September 11, 2025, to September 11, 2026 [1] - The proposed amendment is classified as a related party transaction, with insiders holding $700,000 of the principal amount of the notes [2] - The company is relying on exemptions from certain requirements of Multilateral Instrument 61-101 due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [2] - The proposed amendment is subject to customary closing conditions and approvals from applicable securities regulatory authorities, including the TSX Venture Exchange [3] Company Overview - Roscan Gold Corporation is a Canadian gold exploration company focused on acquiring and exploring gold properties in West Africa [4] - The company has a significant land position with 100%-owned permits in an area with existing gold mines, including proximity to B2 Gold's Fekola Mine [4]