Announcement • Jun 26
Golden Goose Resources Corp. announced that it expects to receive CAD 5 million in funding Golden Goose Resources Corp. announced a non-brokered private placement to issue minimum of 20,000,000 units at an issue price of CAD 0.15 for gross proceeds of CAD 3,000,000 and maximum of 33,333,334 units at an issue price of CAD 0.15 for gross proceeds of CAD 5,000,000.1 on June 24, 2026. Each Unit will consist of one common share of the Company and one half of one common share purchase warrant of the Company. Each whole Warrant will entitle the holder to acquire one common share of the Company at an exercise price of CAD 0.23 per Warrant Share for a period of twenty-four months from the date of closing of the Offering (the “Closing Date”), subject to acceleration. In connection with the Offering, the Company may pay certain arm’s length finders (collectively, the “Finders”) a cash finder’s fee equal to eight percent (8%) of the gross proceeds raised from subscribers introduced by such Finders, and compensation warrants (the “Finder’s Warrants”) equal to eight percent
(8%) of the number of Units sold to subscribers introduced by such Finders, with each Finder’s Warrant entitling the holder to acquire one common share of the Company at an exercise price of CAD 0.15 per common share for a period of twenty-four (24) months from the Closing Date. The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals, including the approval of the CSE. The Offering is expected to close as soon as practicable, subject to the satisfaction of customary closing conditions. The securities issued in connection with the Offering will be subject to a hold period of four months and one day from the Closing Date pursuant to applicable Canadian securities laws, in addition to such other resale restrictions as may apply under the securities laws of the applicable jurisdiction of each subscriber. The securities issued in connection with the Offering will also be subject to an Exchange Hold imposed by the CSE commencing on the Closing Date. New Risk • Mar 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.7m (US$9.36m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.6m free cash flow). Share price has been highly volatile over the past 3 months (36% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.7m market cap, or US$9.36m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Jan 25
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.1m free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$12.0m market cap, or US$8.78m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). 
