Green Arrow Resources, Inc.TSXV: GAR.H

Green Arrow Resources Inc. Announces Closing of Private Placement

· Issued by Green Arrow Resources, Inc. via Newsfile

Summary by 6ix AI

Green Arrow Resources Inc. said on August 20, 2026 that it closed its previously announced non-brokered private placement (a share sale directly to investors without an underwriting broker), issuing 15,630,000 common shares at $0.05 per share for gross proceeds of $781,500.

Key details

  • The company intends to use $481,500 for evaluating potential qualifying transactions, general working capital and corporate overhead, and $300,000 for debt repayment.
  • All shares issued are subject to a four-month-and-one-day hold period, a resale restriction under applicable securities laws, expiring December 21, 2026.
  • No finders' fees or commissions were paid in connection with the private placement.

6ix AI wrote this summary from the release below and checked it against the release.

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2026) - Green Arrow Resources Inc. (TSXV: GAR.H) (the "Company") today announces that it has closed its previously announced non-brokered private placement (the "Private Placement") in which the Company issued 15,630,000 common shares (each a "Share") at a price of $0.05 per Share for gross proceeds of $781,500.

The Company intends to use the proceeds from the Private Placement for evaluating potential qualifying transactions, general working capital and corporate overhead ($481,500) and for debt repayment ($300,000). All Shares issued in connection with the Private Placement will be subject to a four-month-and-one-day hold period expiring December 21, 2026, in accordance with applicable securities laws. No finders' fees or commissions were paid in connection with the Private Placement.

On behalf of the Board of Directors,

Green Arrow Resources Inc.

"Marilyn Miller"

Marilyn Miller, Director
Email: greenarrowresources@gmail.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310696

View original source (Newsfile)Green Arrow Resources, Inc. on 6ix

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