Announce Increase in Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Gold Port Increases its Non-Brokered Private Placement
October 31, 2025 / British Columbia / Gold Port Corporation (CSE: GPO | OTCQB:
GPOTF) ("Gold Port" or the "Company") is pleased to announce that, further to its news
release of October 27, 2025, and due to high demand, it has increased its non-brokered
private placement to up to 20,000,000 units (each a “ Unit”) at $0.075 per Unit for gross
proceeds of up to $1,500,000.
Each Unit will be comprised of one common share (each a “ Share”) in the capital of the
Company and one transferable common share purchase warrant (each a “ Warrant”) with
each Warrant entitling the holder to purchase one additional Share (each a “ Warrant
Share”) of the Company at an exercise price of $0.10 per Warrant Share for a period of three
(3) years from the closing of the Private Placement.
The Company may pay finders' fees to eligible finders, in accordance with applicable
securities laws and the policies of the Canadian Securities Exchange (“ CSE”). The Private
Placement is subject to approval of the CSE, and all securities issued under the Private
Placement will be subject to a Company hold period expiring twelve months from the date
of closing of the Private Placement.
Proceeds from the Private Placement will be directed toward advancing the Company’s
100%-owned Groete Gold Copper Project in Guyana, South America. The Groete Project
currently hosts a NI 43 -101 Inferred resource of 1.57 million gold equivalent ounces ( gold
plus copper ) within 74 million tonnes, at a grade of 0.66 grams per tonne gold copper
equivalent. A cut-off grade of 0.25 gold equivalent grams per tonne, a gold price of US$1,275
per ounce and copper price of US$3.00 per pound was used in the calculation of the Inferred
Mineral Resour ce. The resource was calculated in 2012 and offers the potential for
significant expansion.
Gold Port remains focused on unlocking the full potential of the Groete Gold Copper Project
and creating long -term value for shareholders through resource growth from responsible
exploration.
About Gold Port Corporation
Gold Port Resources Corporation ( GPO) is focused on the further exploration and
development of the 100% owned Groete Gold Copper Project (the “Project”), located in
Guyana, South America. The current focus of the Company is to enhance the NI 43 -101
inferred gold copper resource defined at the Project to a higher resource classification, and
to potentially expand the total mineral inventory. The Project was last explored in 2012,
which included a drill program that allowed the calculation of an Inferred Mineral Resource
of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade
of 0.66 grams per tonne gold copper equivalent. A cut -off grade of 0.25 gold equivalent
grams per tonne, a gold price of US$1,275 per ounce and copper price of US$3.00 per pound
was used in the calculation of the Inferred Mineral Resource. Details of the Mineral Resource
are contained in a National Instrument 43 -101 report titled, Technical Report and Updated
Mineral Resource Estimate on the Groete Gold Copper Deposit, Groete Property, Guyana, South
America by P&E Mining Consultants Inc., dated April 16, 2019, available on SEDAR and the
Company website at www.goldportcorporation.com.
On behalf of the Board of Directors
Adrian F. C. Hobkirk
President, CEO and Director
T: 954-684-8040
W: www.goldportcorporation.com
Mr. William Feyerabend, CPG, a Consulting Geologist and Qualified Person under National
Instrument 43-101, and a Director of the Company, participated in the writing of this press
release and approves the scientific and technical content.
No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the
adequacy or accuracy of this release.
This news release contains certain “forward -looking statements” within the meaning of Section 21E of the
United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating
to the Company, certain information co ntained herein constitutes forward -looking statements. Forward -
looking statements are based upon opinions and estimates of management on the date the statements are made
and are subject to a variety of risks and uncertainties and other factors which could cause actual results to
differ materially from those projected in the forward-looking statements. The reader is cautioned not to place
undue reliance on forward- looking statements. We seek safe harbor.
The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of
1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in
the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or
in any other jurisdiction in which such offer, solicitation or sale would be unlawful.