Business
Gold Runner Exploration Announces Closing of Upsized Institutionally Supported Non-Brokered Private Placement Financing of Flow-Through Units and Charity Flow Through Units for $3.1 Million
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Gold Runner Exploration Inc. (CSE: GRUN) (FSE: CE70) ("Gold Runner" or the "Company") is pleased
About this update from Gold Runner Exploration Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Gold Runner Exploration Inc. (CSE: GRUN) (FSE: CE70) (\"Gold Runner\" or the \"Company\") is pleased to announce that, further to its press releases dated March 10, 2026 and March 23, 2026, and due to strong demand, the Company has closed its institutionally supported, non-brokered private placement financing (the \"Offering\") for proceeds of approximately $3,100,000 consisting of 154,931 Critical Minerals Exploration Tax Credit (\"CMETC\") flow-through units (\"FT Units\") of the Company at a price of $1.45 per FT Unit and 1,983,000 charity flow-through Units (\"Charity FT Units\", and collectively with the \"FT Units\", the \"Units\")) at a price of $1.45 per Charity FT Unit. Each Unit is comprised of one common share (\"Common Share\") of the Company and one Common Share purchase warrant (the \"Warrants\"), with each Warrant entitling the holder thereof to acquire one Common Share of the Company at a price of $1.50 per Common Share for a period of 36 months from the date of issuance. The securities issued under the Offering have a hold period expiring four months and one day from the date of issuance pursuant to applicable Canadian securities laws. Closing of the Offering remains subject to regulatory approvals, including approval of the Canadian Securities Exchange (the \"Exchange\"). Net proceeds from the Offering will be used for exploration of the Company's Golden Girl property (\"Golden Girl Property\") situated in the Golden Triangle of British Columbia. The Company optioned the Golden Girl Property from the B- ALL Syndicate (\"B-ALL\"), the same team that generated and staked Goliath Resources (TSXV: GOT) Surebet Discovery and contributed to advancing that discovery to where it is today. The B-ALL Syndicate also generated and staked the Big One discovery that was subsequently optioned to Juggernaut Exploration (TSXV: JUGR) and is situated adjacent to Galore Creek. Golden Girl is located approximately mid-way between Goliath's Surebet Discovery and Juggernaut's Big One discovery. The Company's Chief Executive Officer, Chris Wensley, stated, \"Completion of this offering means that the 2026 Golden Girl exploration program is fully funded and is set to kick off in the coming months. Moreover, under the terms of the Golden Girl Option Agreement, we are now s...