Grande Portage Resources Confirms Finder Fees for Private Placement

Grande Portage Resources Ltd., based in Vancouver, confirmed the finders' fees for its recent non-brokered private placement. The company paid $285,600 in cash and issued 1,428,000 non-transferable warrants. These warrants allow holders to purchase one common share at $0.20 each for 36 months following the closing date. Compliance with relevant securities laws and TSX Venture Exchange policies is ensured.

The funds will be directed towards the exploration and development of the New Amalga Gold project in Alaska, and general working capital. Grande Portage holds a 100% interest in the New Amalga project, part of the Juneau Gold Belt, a historically productive gold region. The updated resource estimate for the project outlines significant indicated and inferred resources of gold and silver.