Vancouver, British Columbia – October 3, 2025 – Precore Gold Corp. (CSE: PRCG) (“Precore Gold” or the “Company”) announces that further to its news releases of August 21, September 9 and September 18, 2025, the Company has extended the closing of the second and final tranche (the “Second Tranche”) of its non-brokered private placement (the “Private Placement”) of units of the Company (“Units”). Each Unit consists of one common share of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of C$0.25 for a period of thirty-six (36) months from the date of issuance. There are no changes to the terms of the Private Placement in connection with this extension. The Company closed the first tranche of the Private Placement on September 18, 2025 and issued 5,555,720 Units for aggregate gross proceeds of C$1,000,029.60. The Company expects to close the Second Tranche on or before October 17, 2025.
About Precore Gold Corp.
Precore Gold Corp. is a Canadian junior gold exploration company focused on building a solid portfolio of exploration projects with strong gold discovery potential, in order to capture the strength of the gold market and to generate shareholder returns. The Company plans to seize opportunities, whereby promising properties are located in prolific mining camps, may contain important historical drilling results and are located in politically stable, Tier-1, mining friendly jurisdictions. Precore Gold’s mission is supported by diligent environmental, social and corporate governance (“ESG”) standards.
For shareholder or investor inquiries, please contact
Paul Dumas,
Executive Chairman
Suite 200 – 551 Howe Street, Vancouver, B.C. V6C 2C2
Email: [email protected]
Tel: 514-994-1069
Forward Looking Statements
This news release contains forward-looking statements. All statements, other than of historical facts, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including, without limitation, future geological work or exploration programs, the potential positive exploration results, the timing of the exploration results, the ability of the Company to finance exploration programs and the potential mineralization or potential mineral resources are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “to earn”, “to have’, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to meet expected, estimated or planned exploration expenditures, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company’s expectations, general business and economic conditions, changes in world gold markets, sufficient labour and equipment being available, changes in laws and permitting requirements, unanticipated weather changes, title disputes and claims, environmental risks as well as those risks identified in the Company’s annual Management’s Discussion and Analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described and accordingly, readers should not place undue reliance on forward-looking statements. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.