Subject: GOR news release 2025.11.07
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File: '\\swfile\EmailIn\20251107 052838 Attachment news release 2025.11.07 (003).docx'
Goldrea Closes First Tranche of Oversubscribed Private Placement
November 7, 2025 - Vancouver, British Columbia CSE:GOR, Frankfurt:GOJ1, OTC,US:GORAF
Goldrea Resources Corp. ("Goldrea" or the "Company") is pleased to announce it will be closing a first tranche of its non-brokered oversubscribed private placement of $0.018 units ("Units") on November 14, 2025, subject to acceptance by regulatory authorities.
The Company has sold 24,097,000 Units for gross proceeds of $433,746.00. Each Unit is composed of one common share and one full common share purchase warrant (a "Warrant") with an exercise price of five cents for a period of three years. The Company will pay $7,164 in cash and issue 160,000 Warrants for finder's fees.
The proceeds of the private placement will be used to fund the exploration of Company's mineral properties and for general administrative expenses. All securities issued under the private placement will have a four-month hold.
For more information, please contact:
James Elbert, President and CEO
Telephone: (604) 559-7230
Email: jelbert@goldrea.com
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
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