Mr. Tibor Gajdics reports
GOLDEN AGE ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Golden Age Exploration Ltd. has arranged a non-brokered private placement of up to two million units at a price of 20 cents per unit to raise gross proceeds of up to $400,000. Each unit consists of one common share and one-half of one share purchase warrant, exercisable at a price of 35 cents for a period of one year. The net proceeds from the offering will strengthen the company's treasury, and will be used to finance continuing project-related expenditures and for working capital purposes.
The company has also received minority shareholder approval and approval from the Canadian Securities Exchange, subject to the making of customary filings, to close the acquisition of 100 per cent of the issued and outstanding shares of Mac Minerals Pty. Ltd. as previously announced in the company's news release dated Aug. 4, 2026. The company will issue a further news release when the acquisition is completed.
Closing of the offering remains subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals and the completion of regulatory filings. All securities issued in connection with the offering will be subject to restrictions on resale for a period of four months and one day in accordance with applicable securities laws.
About Golden Age Exploration Ltd.
Golden Age is a mineral exploration company with an international reach, focused on the acquisition, exploration and development of high-potential resource projects in established, mining-friendly jurisdictions globally. The company's core business is to identify, analyze and reassess extensive historic and regional data from around the globe to identify prospective exploration opportunities worthy of significant exploration and exploitation. The company's focus extends to mining-friendly jurisdictions that offer low political risk and a demonstrated commitment to the rule of law.
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