Gold Runner Exploration Announces Closing of $920,000 Non-Brokered Private Placement

Core Viewpoint - Gold Runner Exploration Inc. has successfully closed a non-brokered private placement financing, raising gross proceeds of $920,000 through the sale of 4,600,000 units at a price of $0.20 per unit, with each unit consisting of one common share and one common share purchase warrant [1] Group 1: Financing Details - The offering includes warrants that allow holders to acquire one common share at a price of $0.40 for a period of 60 months from the closing date [1] - The securities issued under the offering are subject to a hold period of four months and one day from the date of issuance, in accordance with Canadian securities laws [1] - The company paid finder's fees totaling $9,600 in cash and 48,000 broker warrants to Canaccord Genuity Corp. and Ventum Financial Corp. [3] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for exploration and development of the company's assets, claims, and option payments related to projects in the USA, geological evaluations in Canada, and for working capital and corporate purposes [2] Group 3: Company Overview - Gold Runner Exploration is focused on the exploration and development of gold and silver properties in Canada and the USA, with its flagship asset being the Rock Creek gold project, which includes 74 unpatented lode mining claims [5] - The company has expanded its land position by acquiring the Dry Creek prospect and the Falcon silver-gold prospect, bringing the total claims held to 239 in close proximity, targeting similar mineralization [5] - Gold Runner also holds a 10% carried interest in the Cimarron project in Nevada, which includes 31 unpatented lode mining claims [5]