Core Viewpoint - Goldstorm Metals Corp. has successfully closed a non-brokered private placement financing, raising approximately $2.1 million, with notable participation from strategic investor Eric Sprott [2][5]. Financing Details - The private placement generated gross proceeds of $2,088,973.75, consisting of 15,441,483 non-flow-through units sold at $0.07 each, totaling $1,080,903.81, and 9,999,999 flow-through units sold at $0.1008 each, totaling $1,007,999.90 [2][3]. - Each non-flow-through unit includes one common share and one-half of a warrant, while each flow-through unit includes one common share and one-half of a warrant [3]. Warrant Information - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for 24 months, with an acceleration clause if the common shares reach a closing price of $0.20 for ten consecutive trading days [4]. Strategic Investor Participation - Eric Sprott, through his corporation, acquired 3,571,428 common shares and 1,785,714 warrants, qualifying as a related-party transaction [5]. Use of Proceeds - Net proceeds from the sale of non-flow-through units will be allocated for working capital and general corporate purposes [6]. - Gross proceeds from flow-through units will be used for Canadian exploration expenses, with a commitment to incur qualifying expenditures by December 31, 2026 [7]. Finder's Fees - The company paid cash commissions of $45,746.44 to finders and issued 651,377 non-transferable finder's warrants, each allowing the purchase of one common share at $0.1008 for 24 months [8][9]. Company Overview - Goldstorm Metals Corp. is focused on precious and base metals exploration, holding a significant land position in British Columbia's Golden Triangle, known for high-grade gold deposits [10].

Core Points - Carlton Precious Inc. has successfully closed a non-brokered private placement, issuing 18,176,888 units at a price of $0.09 per unit, resulting in gross proceeds of $1,635,920 [1][4] - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at $0.12 for 24 months [2] - The company paid cash finder's fees of $53,829 and issued 590,333 broker warrants, each allowing the purchase of one common share at $0.09 for 24 months [3] Financial Utilization - Net proceeds from the private placement will be used for a drilling program at the Esquilache Project in Peru, exploration activities at the Matthina Gold Project, and general working capital [4] Related Party Transaction - The private placement involved insiders subscribing for 2,175,000 units, qualifying as a related party transaction under TSX Venture Exchange Policy 5.9 and MI 61-101 [5] - The company is relying on exemptions from certain requirements of MI 61-101 due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [5] Company Overview - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, with projects in key mining jurisdictions including Peru and Australia [7]

Core Viewpoint - Goldstorm Metals Corp. is increasing its previously announced private placement financing to $1.8 million due to strong investor demand [1] Financing Details - The Offering will consist of non-flow-through units (NFT Units) priced at $0.07 each and flow-through units (Charity FT Units) priced at $0.1008 each [1][2] - Each NFT Unit includes one common share and half a warrant, while each Charity FT Unit includes one common share and half a warrant [2] - Warrants allow holders to purchase one common share at an exercise price of $0.10 for 24 months, with an acceleration clause if the share price exceeds $0.20 for ten consecutive trading days [2] Use of Proceeds - Net proceeds from NFT Units will be allocated for working capital and general corporate purposes [3] - Gross proceeds from Charity FT Units will be used for Canadian exploration expenses, which will qualify as flow-through mining expenditures [4] Regulatory and Compliance - The Offering is subject to regulatory approval, including that of the TSX Venture Exchange [5] - Securities issued will be subject to a statutory four-month hold period [5] Company Overview - Goldstorm Metals Corp. is focused on precious and base metals exploration, with significant land holdings in British Columbia's Golden Triangle, known for high-grade gold deposits [6][8]