Questcorp Mining Announces Flow Through Offering

Group 1 - Questcorp Mining Inc. is offering up to 5,769,231 flow-through units at a price of $0.13 per unit, aiming for gross proceeds of up to $750,000 through a non-brokered private placement [1] - Each flow-through unit consists of one common share and one-half of a share purchase warrant, with the whole warrant allowing the purchase of an additional common share at $0.20 for 24 months [1] - The net proceeds from the offering will be utilized for exploration of the North Island Copper Property located on Vancouver Island, British Columbia [2] Group 2 - The company has closed the final tranche of a previously announced non-brokered private placement, issuing 1,266,667 units at a price of $0.15 per unit for gross proceeds of $190,000 [4] - Each unit in the final tranche consists of one common share and one-half of a warrant, with no finders' fees paid in connection with this closing [4][5] - All securities from the final tranche are subject to resale restrictions until April 9, 2026 [5] Group 3 - Questcorp Mining Inc. is focused on acquiring and exploring mineral properties in North America, specifically targeting precious and base metals [6] - The company holds an option to acquire a 100% interest in mineral claims totaling 1,168.09 hectares for the North Island Copper Property and 2,520.2 hectares for the La Union Project in Sonora, Mexico [6]