Golden Pursuit Resources Announces $1 Million Private Placement Symbol: GDP
GOLDEN PURSUIT RESOURCES LTD.
GOLDEN PURSUIT RESOURCES ANNOUNCES $1 MILLION PRIVATE PLACEMENT
Symbol: GDP (TSX-V)
May 5, 2026, Vancouver, British Columbia - Golden Pursuit Resources Ltd. (the “Company”
or “GDP”) announces that it will conduct a non-brokered private placement of 1,666,667
non-flow-through units at $0.30 per unit for proceeds of up to $500,000 and 1,428,571
flow-through units at $0.35 per unit for proceeds of up to $500,000.
Each non-flow-through unit will consist of one non-flow-through common share and one
non-flow-through warrant. Each whole warrant will entitle the holder to purchase one
common share at a price of $0.35 per share for a period of one year from the date of
issuance.
Each flow-through unit will consist of one flow-through common share and one flow-
through warrant. Each whole warrant will entitle the holder to purchase one flow-through
common share at a price of $0.40 per share for a period of one year from issuance.
All securities issued in connection with the private placement will be subject to a four-
month statutory hold period.
The Company may pay finder’s fees in cash, shares or warrants and any combination
thereof to investment dealers or others (where permitted by law) and in accordance with
the rules of the TSX Venture Exchange.
The proceeds of the private placement will be used to fund exploration programs on the
Company’s mineral properties at Gordon Lake, Northwest Territories, and for general
corporate purposes. Planned exploration activities include geophysical surveys, including
drone-based systems and induced polarization (IP), as well as geological mapping and
surface sampling to support target generation for future drilling programs.
The Company will conduct detailed mapping and sampling of areas with previously
reported mineralization, including samples from the Myrt Lake property (e.g., D6-2 and
D10) and the Kidney Pond area (e.g., sample 308004), as well as results from prior
exploration programs. Samples collected during the Company’s 2024–2025 field programs
were completed under the supervision of the Qualified Person.
The Company intends to validate historical results through additional fieldwork, including
systematic sampling and geophysical surveys.
Completion of the private placement remains subject to TSX Venture Exchange approval.
Qualified Person Statement
The scientific and technical information contained in this news release has been reviewed
and approved by Cleber Peralta-Gomes, M.Sc., P.Geo., who is a Qualified Person as defined
by NI 43-101, subject to completion of a formal technical review of the underlying data.
About Golden Pursuit Resources Ltd.
Golden Pursuit Resources Ltd. (GDP-TSX-V) is a Canadian-based mineral exploration
company focused on the acquisition, consolidation, and exploration of precious metals
properties in the Northwest Territories and Nevada. The Company currently holds multiple
claim groups and is advancing exploration programs to define and expand mineralized
zones.
GOLDEN PURSUIT RESOURCES LTD.
Per: “Brian McClay”
Brian McClay, President
CONTACT INFORMATION:
Brian McClay
Email: [email protected]
Tel: (604) 730-6982
Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility
for the adequacy or accuracy of this release.