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Giant Mining Announces At-the-Market Offering of up to $5 Million

Financings

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Press Release September 30, 2025

Giant Mining Announces At-the-Market Offering of up to $5 Million

NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE

SERVICES

VANCOUVER, BC — September 30, 2025 — Giant Mining Corp. (CSE: BFG | OTC: BFGFF

| FWB: YW5 | CSE: BFG.WT.A | CSE: BFG.WT.B) (“Giant Mining” or the “Company”) today

announced that it has entered into an equity distribution agreement dated September 29, 2025 (the

“Distribution Agreement”) with Haywood Securities Inc. (“Haywood” or the “Agent”). Under the

Distribution Agreement, the Company will be entitled, at its discretion and from time-to-time during

the term of the Distribution Agreement, to sell, through Haywood, as sole and exclusive placement

agent, such number of common shares of the Company (the “Common Shares”) having an aggregate

gross sales price of up to $5 million (the “ATM Offering”). Sales of the Common Shares will be

made through “at-the-market distributions”, as defined in National Instrument 44 -102 – Shelf

Distributions, directly on the Canadian Securities Exchange (the “CSE”) or, if any, other recognized

Canadian “marketplace” within the meaning of National Instrument 21 -101 – Marketplace

Operations where the Common Shares are listed, quoted or otherwise traded. The volume and timing

of distributions under the ATM Offering, if any, will be determined in the Company’s sole discretion.

The Common Shares will be distributed at market prices or prices related to prevailing market prices

from time to time. As a result, prices of the Common Shares sold under the ATM Offering will vary

as between purchasers and during the period of distribution. The ATM Offering will be effective

until the earlier of the issuance and sale of all of the Common Shares issuable pursuant to the ATM

Offering and June 29, 2027, unless terminated prior to such date by the Company or the Agent in

accordance with the terms of the Distribution Agreement.

Distributions of the Common Shares under the ATM Offering will be made and qualified by way of

a prospectus supplement dated September 29, 2025 (the “Prospectus Supplement”) to the

Company’s existing short form base shelf prospectus (the “Base Shelf Prospectus”) dated May 29,

2025. The Prospectus Supplement has been filed with the securities commissions in all provinces and

territories of Canada. The Prospectus Supplement (together with the related Base Shelf Prospectus)

is available on the SEDAR+ website maintained by the Canadian Securities Administrators at

www.sedarplus.ca. Alternatively, the Company or Haywood will send the Prospectus Supplement

(including the Base Shelf Prospectus) upon request. Such requests may be made by sending an email

to Haywood at [email protected].

The Company intends to use the net proceeds of the ATM Offering to towards the continuation of the

drill program on the Marjuba Hill Project and general working capital.

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The securities being referred to in this news release have not been, nor will they be, registered

under the United States Securities Act of 1933, as amended, and may not be offered or sold in the

U.S. or to, or for the account or benefit of, U.S. persons a bsent registration or an applicable

exemption from the registration requirements. This news release does not constitute an offer to sell

or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction

in which such offer, solicitation or sale would be unlawful.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the

policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy

of this release.

On Behalf of the Board of Giant Mining Corp.

“David Greenway”

David C. Greenway

President & CEO

For further information, please contact:

E: [email protected]

P: 1 (236) 788-0643

VISIT OUR WEBSITE FOR MORE DETAILS

www.giantminingcorp.com

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Forward-Looking Statements

This news release contains forward-looking information, such as statements related to the closing of

the ATM Offering, receipt and approval for the ATM Offering, including the approval of the CSE, the

use of proceeds, which involves known and unknown risks, uncertainties and other factors that may

cause actual events to differ materially from current expectation. Important factors – including the

Company’s strategy, projects or plans could cause actual results to differ materially from the

Company's expectations as disclosed in the Company's documents filed from time to time on SEDAR+

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(see www.sedarplus.ca). Readers are cautioned not to place undue reliance on these forward-looking

statements, which speak only as of the date of this press release. The Company disclaims any intention

or obligation, except to the extent required by law, to update or revise an y forward looking

statements, whether as a result of new information, future events or otherwise.