Golcap Resources Corp. announced a non-brokered private placement of up to 3,000,000 warrants at a price of CAD 0.05 per warrant for the gross proceeds of CAD 150,000 on October 20, 2023. Each warrant exercisable by the holder to purchase one common share at a price of CAD 0.025 for a period of five years from closing.

All securities issued will be subject to a hold period of four months and one day in accordance with applicable securities laws. The transaction is subject to approval by the Canadian Securities Exchange.