Lake Winn Announces Private Placement
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR
DISSEMINATION IN THE UNITED STATES
LAKE WINN ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia – September 10, 2026 – Lake Winn Resources Corp.
(TSXV: LWR; FSE: EE1A) ("Lake Winn" or the "Company") is pleased to announce a
non-brokered private placement (the "Offering") consisting of up to 3,000,000 units (the
"Units") at a price of $0.06 per Unit for aggregate gross proceeds of up to $180,000.
Offering and Half Warrants
Each Unit will consist of one common share of the Company (a “Share”) and one-half
of one common share purchase warrant of the Company (each whole common
share purchase warrant, a “Warrant”). Each Warrant will entitle the holder thereof to
acquire one common share of the Company (a “Warrant Share”) at a price per Warrant
Share of $0.10 for a period of sixty (60) months from the date of issuance.
Use of Proceeds
The Company intends to use the net proceeds from the Offering for general working
capital.
Finder’s Fees
The Company may pay finder’s fees in connection with the Offering to certain eligible
arm’s-length finders, within the amount permitted under the policies of the TSX Venture
Exchange (the “TSXV”).
Approvals and Regulatory Matters
Completion of the Offering is subject to the receipt of all necessary approvals, including
acceptance of the TSXV. The Offering may be completed in one or more tranches.
The Shares and Warrants comprising the Units (and the Warrant Shares issuable upon
exercise of the Warrants) will be subject to a statutory hold period pursuant to
applicable Canadian securities laws ending four months and one day following the date
of issuance.
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This news release does not constitute an offer to sell or a solicitation of an offer to buy
any of the securities in the United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be offered or sold within the
United States or to U.S. persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such registration is available.
ON BEHALF OF THE BOARD OF DIRECTORS OF LAKE WINN RESOURCES CORP.
Patrick Power
President, CEO & Director
Lake Winn Resources Corp.
Telephone: (604) 218-8772
www.lakewinn.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Forward-looking Statements: Certain statements in this news release are “forward-
looking statements” which reflect the Company’s current expectations and projections
about future events and financial trends that it believes might affect its financial
condition, results of operations, business strategy, and financial needs. In some cases,
these forward-looking statements can be identified by words or phrases such as “may”,
“might”, “will”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, “indicate”, “seek”,
“believe”, “estimates”, “predicts” or “likely”, or the negative of these terms, or other
similar expressions intended to identify forward-looking statements. Whether actual
results, performance, or achievements will conform to the Company’s expectations and
predictions is subject to a number of known and unknown risks, uncertainties,
assumptions and other factors, including, without limitation, delays in obtaining
applicable regulatory approvals for the Offering, the Offering not being fully subscribed,
and any other specific forward-looking matter described in this release. These factors
involve various risks and uncertainties that could cause actual results to differ materially
from those anticipated by the Company. Investors should not place undue reliance on
forward-looking information. Important factors that could cause actual results to differ
materially from the Company’s expectations include actual exploration results, results of
future resource estimates, future metal prices, availability of capital and financing on
acceptable terms, general economic, market or business conditions, uninsured risks,
regulatory changes, defects in title, availability of personnel, materials and equipment
on a timely basis, accidents or equipment breakdowns, delays in receiving government
approvals, unanticipated environmental impacts on operations and costs to remedy
same, and other exploration or other risks detailed herein and from time to time in the
filings made by the Company with securities regulators. The forward-looking information
contained herein is made as of the date of this release. The Company does not
undertake any obligation to update or revise such information, whether as a result of
new information, future events, or otherwise, except as required by applicable securities
laws.