Gold Terra Completes Initial Financing Tranche with Osisko Support

Gold Terra Resource Corp has completed the first tranche of a non-brokered financing, raising C$1,843,000. This includes issuing 15,860,000 common shares at C$0.05 each and 15,000,000 charitable flow-through shares at C$0.07 each. These funds will primarily support drilling on the Con Mine Option property and general operations.

Osisko Gold Royalties Ltd chose to exercise a 2% NSR royalty option on the Yellowknife Property, adding C$2,000,000 to the total. A finder's fee of C$26,700 was paid. Financing completion depended on regulatory approvals.

Insiders participated by acquiring 2,160,000 shares. All securities are under a four-month hold period until August 12, 2025. The company aims to use proceeds for eligible exploration expenses in the Northwest Territories and renounce these expenditures in favor of shareholders by December 31, 2025.