Announcement • May 28
Sranan Gold Corp. announced that it has received CAD 3.589075 million in funding from Concept Capital Management Ltd On May 27, 2026, the company amended the terms of the transaction. The company will now issue 23,927,165 units at a price of CAD 0.15 per unit for gross proceeds of CAD 3,589,074.75
Each Unit consists of one common share and one-half of one common share purchase warrant. Each Warrant entitles the holder to acquire one additional Share at an exercise price of CAD 0.275 for a period of forty-eight (48) months from the closing date. New Risk • Apr 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 84% per year over the past 5 years. Shareholders have been substantially diluted in the past year (80% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$10.8m market cap, or US$7.92m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Apr 28
Sranan Gold Corp. announced that it expects to receive CAD 3 million in funding from Concept Capital Management Ltd and other investors Sranan Gold Corp announced a non-brokered private placement to issue 20,000,000 units at an issue price of CAD 0.15 for the proceeds of CAD 3,000,000 on April 27, 2026. The Offering is being led by a strategic new investor, Concept Capital Management Ltd., for CAD 800,000. Each Unit will consist of one (1) common share (each, a “Share”) in the capital of the Company and one-half (1/2) common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share from the Company at a price of CAD 0.275 per Share for a period of forty-eight (48) months from the date of issuance. All Shares issued will be subject to a hold period of four months and one day from any closing date. Company may pay a finders' fees of not more than 6% in respect to those purchasers under the Offering introduced to it by certain arm's-length persons in accordance with the policies of the Canadian Securities Exchange. The Offering is expected to close on or prior to May 31, 2026, and is subject to certain customary closing conditions. The Offering is subject to the approval of the CSE. 
