Go Metals Closes Private Placement Financing
1890 – 1075 West Georgia Street
Vancouver, BC V6E 3C9
CSE: GOCO
GO METALS CLOSES PRIVATE PLACEMENT FINANCING
June 18, 2026 – Vancouver, BC – Go Metals Corp. (CSE: GOCO) ("Go Metals" or the "Company") advises that
further to its news release dated May 4, 2026, the Company has closed its private placement (the “ Private
Placement”), raising gross proceeds of $125,000 through the issuance of 2,500,000 units (the “ Units”) at a price
of $0.05 per Unit.
Each Unit consists of one common share of the Company (a “ Share”) and one-half of one transferable common
share purchase warrant (with two such half warrants being a “Warrant”). Each Warrant entitles the holder, for a
period of twenty-four (24) months from the date of issue, to purchase one additional Share of the Company at an
exercise price of $0.10 per Share.
The Company may, at its option, accelerate the expiry date of the Warrants if, at any time following the expiry of
the statutory hold period applicable to the Warrants and the underlying securities , the closing price of the
common shares on the Canadian Securities Exchange (or any successor exchange on which the common shares
are then listed), is equal to or greater than C$0.25 per common share for five (5) consecutive trading days (the “
Acceleration Trigger”). For greater certainty, the closing price shall be the official closing price as reported by
such exchange for each applicable trading day.
Upon the occurrence of the Acceleration Trigger, the Company may accelerate the expiry date of the Warrants by
providing notice to the holders of the Warrants. Such notice shall be provided by issuing and disseminating a press
release through a nationally recognized newswire service in Canada. The Warrants shall expire at 5:00 p.m.
(Vancouver time) on the twenty-fifth (25th) day following the date of such press release (the “Accelerated Expiry
Date”), unless exercised prior to the Accelerated Expiry Date.
All securities issued in connection with the Private Placement are subject to a statutory hold period of four months
and one day expiring on October 19, 2026.
The Company paid finders’ fees of $600 in cash and issued 6,000 Warrants on the same terms as the Warrants
issued as part of the Units.
The Company plans to use the net proceeds of the Private Placement for general working capital and exploration
expenditures.
Insider Participation: Two insiders of the Company participated in the Private Placement and subscribed for an
aggregate of 2,300,000 Units. Such participation constitutes a “related party transaction” within the meaning of
Multilateral Instrument 61 -101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”).
The Company has relied on the exemptions from the formal valuation and minority shareholder approval
requirements of MI 61-101 set out in sections 5.5(a) and 5.7(1)(a) of MI 61-101, on the basis that neither the fair
market value of the securities issued to, nor the consideration paid by, the related party exceeded 25% of the
Company’s market capitalization, as determined in accordance with MI 61-101.
1890 – 1075 West Georgia Street
Vancouver, BC V6E 3C9
CSE: GOCO
About Go Metals
The Company continues to prioritize innovation and responsible exploration practices in the pursuit of
critical metals in mining-friendly jurisdictions. The Company’s Quebec base metal project portfolio
includes KM98 (Ti/V/Fe), HSP (Ni/Cu), and Oriole (Ni).
For further information, please contact:
Scott Sheldon, President
604.725.1857
Forward-Looking Information:
This news release contains certain forward- looking information and forward- looking statements (collectively, "forward -looking
statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not historical
facts are forward-looking statements, including, without limitation, statements regarding the anticipated use of proceeds from the private
placement, the Company's business objectives, growth strategy, and future plans.
Forward-looking statements are typically identified by words such as "anticipates," "believes," "expects," "intends," "plans," "may," "will,"
"should," "could," "would," and similar expressions intended to identify forward-looking statements.
These forward-looking statements are based on management's current expectations and assumptions, including assumptions regarding the
Company's ability to execute its business plan and deploy the proceeds of the private placement as intended. Although the Company believes
these assumptions are reasonable, they are subject to significant business, economic and competitive uncertainties and contingencies.
Actual results may differ materially from those expressed or implied by the forward- looking statements due to various risks and
uncertainties, including, without limitation, changes in market conditions, general economic conditions, the availability of fin ancing,
regulatory developments, and other risks disclosed in the Company's public filings available on SEDAR+.
Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements contained in this
news release are made as of the date hereof, and the Company undertakes no obligation to update or revise them, except as required by
applicable securities laws.