Early Warning News Release - Golcap Shares

EARLY WARNING NEWS RELEASE ISSUED PURSUANT TO NI 62-103

ACQUISITION OF SHARES OF GOLCAP RESOURCES CORP.

Vancouver, B .C. – November 1 1, 20 24 – This news release is being disseminated by Mineral Road

Discovery Inc. (the “Acquiror”) pursuant to National Instrument 62-103, The Early Warning System and

Related Take-Over Bid and Insider Reporting Issues, in connection with the acquisition of certain common

shares (the “Common Shares”) of Golcap Resources Corp. (the “Issuer”), a British Columbia corporation

whose common shares (the “Common Shares”) are listed for trading on the Canadian Securities Exchange

under the symbol “GCP”.

On November 11, 2024 the Acquiror acquired 2,500,000 common shares of the Issuer at a deemed price of

$0.20 per share for total purchase price of $500,000 in a private transaction (the “Transaction”).

The Transaction represents an increase of 10.12% in the Acquiror’s security holding percentage in the

issued and outstanding Common Shares of the Issuer, or an increase of 9.33% in the Acquiror’s security

holding percentage of the deemed outstanding shares of the Issuer assuming exercise of the 2,100,000

warrants held by the Acquiror.

Prior to the Transaction, the Acquiror owned and controlled 2,101,999 Common Shares of the Issuer and

2,100,000 warrants of the Issuer representing 8.51% of the then issued and outstanding Common Shares of

the Issuer based on a total of 24,692,334 Common Shares outstanding or 4,201,999 Common Shares or

15.68% assuming exercise of 2,100,000 warrants of the Issuer currently held by the Acquiror.

Subsequent to the Transaction, the Acquiror owned and controlled 4,601,999 Common Shares of the Issuer

representing 18.64% of the then issued and outstanding Common Shares of the Issuer and 2,100,000

warrants of the Issuer based on a total of 24,692,334 Common Shares outstanding or 6,701,999 Common

Shares of the Issuer representing 25.01% of the outstanding shares assuming exercise of the 2,100,000 of

the Issuer held by the Acquiror.

The securities were acquired by the Acquiror in connection with an Acquisition Agreement entered into on

November 1, 2024 between the Acquiror and 1459988 BC Ltd.

A copy of the early warning report dated November 11, 2024 to be filed by the Acquiror in connection with

the acquisition of the Common Shares of the Issuer will be available on SEDAR+ at www.sedarplus.ca

under the Issuer’s profile . Copies of such reports will also be available from the Acquiror upon written

request to Mineral Road Discovery Inc. at 142 – 757 West Hastings Street, Vancouver, BC V6C 1A1 Tel:

778-819-1870.

For additional information, contact:

Jason Cubitt

778-819-1870