Business
Gold Runner Exploration Upsizes Non-Brokered Private Placement Financing of Flow-Through Units and Charity Flow Through Units to $3,100,000
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2026) - Gold Runner Exploration Inc. (C...
About this update from Juggernaut Exploration Ltd
[{"type":"text","content":"Gold Runner Exploration Upsizes Non-Brokered Private Placement Financing of Flow-Through Units and Charity Flow Through Units to $3,100,000Vancouver, British Columbia--(Newsfile Corp. - March 23, 2026) - Gold Runner Exploration Inc. (CSE: GRUN) (FSE: CE70) (\"Gold Runner\" or the \"Company\") is pleased to announce that due to strong investor demand it is upsizing its previously announced private placement financing (the \"Offering\") from proceeds of up to $1,500,000 to proceeds of up to $3,100,000 consisting of Critical Minerals Exploration Tax Credit (\"CMETC\") flow-through units (\"FT Units\") of the Company at a price of $1.45 per FT Unit and 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. The Company reserves the right to increase the size of the Offering, subject to the approval of the Canadian Securities Exchange (the \"Exchange\"). Each Unit will be comprised of one common share (\"Common Share\") of the Company and one Common Share purchase warrant (the \"Warrants\"), and each Warrant will entitle 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. Net proceeds from the Offering will be used for exploration of the Company's Golden Girl property situated in the Golden Triangle of British Columbia. The Company optioned the Golden Girl Property from the B-ALL Syndicate, 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 midway between Goliath's Surebet Discovery and Juggernaut's Big One discovery. This Offering qualifies for the Critical Mineral Exploration Tax Credit (CMETC) and each Unit shall be comprised of one common share of the Company that will qualify as a CMETC \"flow-through share\" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)). The Company will incur expenditures that will qualify as \"Canadian Exploration Expenses\" and \"flow-through critical mineral mining expenditures\...