Scottie announces the closure of the third and definitive tranche of its previously announced non-average financing

Scottie announces the closure of the third and definitive tranche of its previously announced non-average financing

Scottie Resources Corp. (TSXV: Scot, OTC: SCTSF) (OTCQB: SCTSF) (FSE: SR80) (“Scottie” or the “Company”) is pleased to announce the closing of the third and final tranche (the “Third tranche”) of iteming (“Offeringly”-Brokered-Brokered-Brokered-Brokered,-Broker,-Broker,-Broker,-Broker,-Broker,-Broker,-Broker,-Brokerly-Broker,-Brokerly-Brokerly,-Brokerly, Brokerly-Brokerly-Brokerly, Brokerly-Brokerly-Brokeredly-Brokeredly-Brokeredly Through the Issuance of 3,417,660 shares by flow-through from the company (“Charity FT shares”) for a price of $ 1.23 per Charity FT share for gross revenues of $ 4,203.721.80. The company previously concluded the first tranche of the offer on 11 August 2025, for aggregated gross yield from $ 8,386,363.86 to the sale of 6,818.182 Charity FT shares, and the second tranche of the offer on August 15, 2025, for aggregate Roos company (ordinary shares “). To date, the company has collected $ 15,890.706.10 to be the company from $ 15,890.706.10 raised by the sale of 10.235,842 charity institution FT -shares and 3.750.705 ordinary shares.

Each Charity FT share is eligible as a “transfer share” (in the sense of subsection 66 (15) of the Income Tax Act (Canada)).

The gross revenue of the third tranche will be used by the company to rely on eligible “Canadian exploration costs” that are eligible as “through-flow-mining expenditure”, since such conditions are defined in the Income Tax Act (Canada) (the “Qualify“) Related to the Scottie Gold Mine Project in British Columbia. Qualifying editions with regard to the Charity FT shares are also eligible as” BC Flow-Through Mining expenditure “, since such a term is defined in the Income Tax Act (British Columbia will be converted for the ABTABIES ABTAVIEST will be favorable for the ABTAANDES ABTAADES ABTAVANTS will be favorable for the ABTABIES ABTAADES. on or before December 31, 2025.

In connection with the third tranche, the company paid cash committees of $ 172,651.78 to certain finders and published 159,825 non-transferable finder Warrants (the “Finder’s Warrants“). The holding of each finder has the holder the right to buy one common share at a exercise price of $ 0.88 per common share for a period of 24 months from the date of issue. In total, the company paid cash committees of $ 283.135.78 and gave an aggregate of 261.975 Finder the Squate.

The offer remains subject to definitive acceptance of the TSX Venture Exchange (the “TSXV“). All effects issued in the third tranche are subject to a hold period that ends on January 13, 2026, in addition to other restrictions that may apply under applicable securities of jurisdictions outside of Canada.

About Scottie Resources Corp.

Scottie owns a 100% interest in the Scottie Gold Mine-Aonroend Good with the Blueberry Contact Zone and the high-quality, past-producing Scottie Gold Mine. Scottie also has a 100% interest in the Georgia project that contains the high-quality past-producing Georgia River Mine, as well as the Cambria-Project Properties and the Sulu and Tide North Properties. In total, Scottie Resources has approximately 58,500 hectares of mineral claims in the Stewart -Mykamp in the Golden Triangle.

The company’s focus is on expanding the well-known mineralization around the former mines in the past and at the same time near my high-quality gold goals, with the aim of producing a DSO product with high margins.

All property of the company is located in the area known as the Golden Triangle of British Columbia, one of the most productive mineralized districts in the world.

Foresighting statements

This press release contains “future -oriented information” and “future -oriented statements” in the sense of applicable securities legislation. The future -oriented statements in this are made on only the date of this press release, and the company does not include an obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by the applicable legislation. Often, but not always, future -oriented statements can be identified by the use of words such as “plans”, “expected”, “is expected”, “budgets”, “planned”, “estimates”, “predictions”, “predicts”, “Projects”, “intend”, “goals”, “goals”, “anticipation”, “or” varying “or” varying “or” words of “or” words “or”. (including negative variations) of such words and variations. In the effect that certain actions can “,” would “,” if “,” would “,” would “or” would be taken, or will be taken. These future -oriented statements include statements regarding the expected use of the third tranche; the timing and receipt of all required approvals, including TSXV approval, to the offer, to the offer, to the offer, statements, And the timing that is related to it.

Such future -oriented statements are based on a number of assumptions of management, including, without limitation, the ability of the company to continue with its declared business objectives and to obtain approvals required; The ability of the company to obtain all required approvals, including TSXV approval, to complete the offer; and the expected use by the company of the proceeds of the third tranche. Bovendien omvat toekomstgerichte informatie een verscheidenheid aan bekende en onbekende risico’s, onzekerheden en andere factoren die de feitelijke plannen, intenties, activiteiten, resultaten, prestaties of prestaties van het bedrijf kunnen veroorzaken, wezenlijk anders dan toekomstige plannen, intenties, activiteiten, resultaten, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, prestaties, Performance, performance, performance, performance, performance, performance, performance, performance, performance or performance or performance that is expressed or implied by such future -oriented explanations. Include such risks, without restriction: risks related to the activities of the company; Risks with regard to satisfaction or distance from certain conditions to close the offer; the failure of the company to obtain all required approvals, including TSXV approval, to complete the offer; and other risk factors such as detailed and additional risks identified in the files of the company with Canadian securities controllers on Sedar+ in Canada (available on www.sedarplus.ca).

Such future -oriented information represents the best judgment of management based on information currently available. No future -oriented explanation can be guaranteed and the actual future results can vary equipment. Accordingly, readers are advised not to give unnecessary dependence on future -oriented statements or information. Neither the company nor one of its representatives give any representation or warranty, explicit or implicit, with regard to the accuracy, adequacy or completeness of the information in this press release. Neither the company nor one of its representatives have any liability, under contract, unlawful act, trust or otherwise, to you or a person resulting from the use of the information in this press release by you or one of your representatives or for omitting the information in this press release.

Neither TSX Venture Exchange nor its regulation services provider (because that term is defined in the policy of TSX Venture Exchange) accepts the responsibility for the adequacy of the accuracy of this release.

Not for distribution at the American news thread services or distribution in the United States

Visit to view the source version of this press release https://www.newsfilecorp.com/release/266190


#Scottie #announces #closure #definitive #tranche #previously #announced #nonaverage #financing

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *