Roscan Gold Announces Fully Subscribed C$1.5 Million Note Financing Led by Strategic Investor and Board Director Michael Gentile

Financing Announcement - Roscan Gold Corporation has entered into a binding term sheet for a fully subscribed financing of C$1.5 Million through a private placement of a secured convertible note with a group of investors [1] - The secured convertible note will carry a 12% coupon over a one-year term with a conversion price of C$0.15 per common share [1][2] - Certain management and directors, including Michael Gentile, have committed to participate in the private placement for a total of C$1.5 Million, with Gentile contributing C$700,000 [1] Use of Proceeds - Gross proceeds from the private placement will be used for general working capital purposes [2] Company Transition - The President & CEO of Roscan Gold stated that the financing is timely as the company approaches the final phase of its permitting process, marking a transition from an explorer to a developer [3] - This transition is expected to support a meaningful re-rating of the company [3] Company Overview - Roscan Gold Corporation is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa [4] - The company has a significant land position of 100%-owned permits in an area with producing gold mines, including B2Gold's Fekola Mine [4]