Questcorp Mining Completes Flow Through Financing

About this update from Questcorp Mining, Inc.

[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the \"Company\" or \"Questcorp\") announces that has closed its non-brokered private placement (the \"Offering\") of flow-through units (each, an \"FT Unit\"). In connection with closing, the Company has issued 6,023,077 FT Units, at a price of $0.13 per FT Unit, for gross proceeds of up to $783,000. Each FT Unit consists of one common share of the Company, issued as a flow-through share within the meaning of the Income Tax Act (Canada), and one-half-of-one share purchase warrant (each whole warrant, a \"Warrant\"). Each Warrant entitles the holder to purchase an additional common share of the Company at a price of $0.20 until December 17, 2027. The Company anticipates the proceeds from the Offering will be used to conduct exploration of the Company's North Island Copper Property, located on Vancouver Island, British Columbia. In connection with closing, the Company paid $53,900 and issued 414,615 share purchase warrants (each, a “Finders’ Warrant”) to certain arms-length parties who assisted in introducing subscribers to the Offering. Each Finders’ Warrant is exercisable to acquire a common share of the Company until December 17, 2027, with 134,615 of the Finders’ Warrants exercisable at a price of $0.13 and 280,000 exercisable at a price of $0.20. All securities issued in connection with the Offering are subject to restrictions on resale until April 18, 2026 in accordance with applicable securities laws. About Questcorp Mining Inc. Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation. Contact Information Questcorp Mining Corp. Saf Dhillon, President & CEO Email: [email protected]...

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