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WINS.V ·

Winshear GOLD Announces $2,500,000 Private Placement

Financings

NOT FOR DISTRIBUTION IN THE U.S.

WINSHEAR GOLD ANNOUNCES $2,500,000 PRIVATE PLACEMENT

Vancouver, February 2, 2026

Winshear Gold Corp. (TSX-V: WINS) announces a non-brokered private placement of 25,000,000

Units at $0.10 per Unit for gross proceeds of $2,500,000. Each Unit comprises one common share

and one half of one common share purchase warrant. Each full warrant will allow the holder to

purchase one common share of Winshear Gold at a price of $0.20 for a period of 36 months from

the closing date of the financing. Finder’s fees of up to 6% cash and a 6% warrant, on terms similar

to the Unit warrants, will be paid.

Proceeds from the private placement will be used for a drill program at the Company’s Portsoy

project in Scotland and general working capital.

Completion of the private placement is subject to certain conditions, including the approval of

the TSX Venture Exchange. All securities issued as part of this private placement will be subject

to a hold period of four months and one day from the date of issuance of the securities.

About Winshear Gold Corp

Winshear Gold Corp. is a Canadian-based minerals exploration company with a nickel-copper-

cobalt project in Scotland (the Portsoy Project) and gold / critical minerals project in Ontario (the

Thunder Bay Project).

For more information, please contact Irene Dorsman at +1 (604) 200 7874 or visit

www.winshear.com

ON BEHALF OF THE BOARD OF DIRECTORS

“Richard D. Williams”

Richard D. Williams, CEO

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.

Caution Regarding Forward Looking Statements

Certain of the statements made and information contained in this press release may constitute forward-looking

information and forward-looking statements (collectively, “forward-looking statements”) within the meaning of

applicable securities laws, including whether the private placement will be completed or fully subscribed. The

forward-looking statements in this press release reflect the current expectations, assumptions or beliefs of the

Company based upon information currently available to the Company. With respect to forward-looking statements

contained in this press release, assumptions have been made regarding, among other things, the reliability of

information prepared and/or published by third parties that are referenced in this press release or was otherwise

relied upon by the Company in preparing this press release. Although the Company believes the expectations

expressed in such forward-looking statements are based on reasonable assumptions, such statements are not

guarantees of future performance and no assurance can be given that these expectations will prove to be correct as

actual results or developments may differ materially from those projected in the forward-looking statements.

Factors that could cause actual results to differ materially from those in forward-looking statements include the

general level of global economic activity. Readers are cautioned not to place undue reliance on forward-looking

statements due to the inherent uncertainty thereof. Such statements relate to future events and expectations and,

as such, involve known and unknown risks and uncertainties. The forward-looking statements contained in this press

release are made as of the date of this press release and except as may otherwise be required pursuant to applicable

laws, the Company does not assume any obligation to update or revise these forward-looking statements, whether

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