Business

Golden Rapture Mining Closes First Tranche of $500,000 Financing

Edmonton, Alberta--(Newsfile Corp. - December 30, 2025) - Golden Rapture Mining (CSE: GLDR) is pleased to announce that it has closed a first tranche of its non

articleGolden Rapture Mining CorporationDecember 30, 20255/company/golden-rapture-mining-corporation/news/golden-rapture-mining-closes-first-tranche-of-dollar500000-financing
Golden Rapture Mining Closes First Tranche of $500,000 Financing

About this update from Golden Rapture Mining Corporation

[{"type":"text","content":" Edmonton, Alberta--(Newsfile Corp. - December 30, 2025) - Golden Rapture Mining (CSE: GLDR) is pleased to announce that it has closed a first tranche of its non-brokered private placement originally announced on December 19, 2025. The first tranche of the financing closed on December 30, 2025 for gross proceeds of $185,000.00. The closing of the first tranche consists of the following issuance of non-flow-through (NFT) units and flow-through (FT) units, with pricing and breakdown as follows: 3,725,000 FT units at $0.04 with a 24-month half warrant exercisable at $0.05 per whole warrant, for gross proceeds of $149,000; and 900,000 NFT units at $0.04 with a 24-month full warrant exercisable at $0.05 per whole warrant, for gross proceeds of $36,000. PB Markets Inc. will receive a cash finder's fee in the amount of $12,500 and 312,500 finder's warrants at an exercise price of C$0.05 for a period of 24 months following issuance; and Research Capital will receive a cash finder's fee of $2,000 and 50,000 finder's fee warrants at an exercise of $0.05 for a period of 24 months following issuance; and Ventum Financial will receive a cash finder's fee of $1,000 and 25,000 finders' fee warrants at an exercise of $0.05 for a period of 24 months following the issuance. Non-flow-through gross proceeds are expected to be used for corporate General & Administrative costs. Flow-through funds are expected to be used for eligible exploration expenses at Golden Rapture's NW Ontario projects, including the newly acquired Northern Queen Mine Property located adjacent to the Nexgold Goliath Gold Deposit with the eastern section of the property being located on the border of the Dryden Gold claims. President Richard Rivet on the raise \"We want to thank all our shareholders for their interest and support of the company's vision, and we look forward to securing the last tranche and conducting additional exploration in 2026.\" The Common Shares, Warrants and Finder's Warrants are subject to a statutory hold period expiring on the date that is four months and one day upon issuance. The Offering is subject to final CSE Exchange acceptance. ABOUT GOLDEN RAPTURE MINING CORPORATION Golden Rapture Mining is a newly listed exploration company engaged in the acquisition, exploration and development of high-potential projects. Golden Rapture became listed on ...

More updates from Golden Rapture Mining Corporation