Vancouver, BC (October 14th 2026) – TheNewswire - Golden Goose Resources Corp. (CSE: GGR) (the "Company"), is pleased to announce that it intends to complete a non-brokered private placement ‎(the "Private Placement") of up to 15,000,000 units of the Company (the "Units") at a price of $0.10 per Unit, for aggregate gross proceeds of up to $1,500,000.

 

Dustin Nanos, CEO of the Company comments “Gran Esperanza is strategically located adjacent to Southern Copper Argentina’s La Esperanza gold-silver exploration project, where a drilling campaign of approximately 5,000 metres across 33 drill holes was reported as planned in September 2026(1)(2). With Southern Copper’s reported drilling activity approximately 800 metres from the Gran Esperanza property boundary, the Company believes the neighbouring project underscores the exploration potential and growing interest in the broader district. The proposed financing represents an important step toward advancing systematic exploration at Gran Esperanza, including surveys, sampling, drilling, and funding the Company’s general working capital purposes which may include marketing or investor relations expenses. By funding these activities, Golden Goose aims to build on its existing exploration work, further evaluate the property’s mineral potential and generate the technical data needed to guide future exploration priorities.”

 

Each Unit issued pursuant to the Private Placement will consist of one common share in the capital of the Company (each, a "Common Share") and one half of one transferrable common share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share (each, a "Warrant Share") at a price of $0.20 per Warrant Share until 5:00 p.m. (Vancouver time) on the second anniversary of the closing date of the Private Placement, subject to the Warrant Acceleration Right (defined below). Each Warrant will be subject to an acceleration right (the "Warrant Acceleration Right") exercisable by the Company, if for any ten consecutive trading days the daily volume weighted average trading price of the Common Shares on the Canadian Securities Exchange ("CSE") is $0.35 or greater per Common Share. If the Company exercises its Warrant Acceleration Right, the new expiry date of the Warrants will be the 30th day following the news release providing notice of such exercise. The Units issued under the Private Placement, and the underlying securities, will be subject to certain resale restrictions such as a hold period of four months and one day from the closing date, in addition to such other resale restrictions as may apply under the securities laws of the applicable jurisdiction of each subscriber or imposed by the CSE.  The Private Placement may close in one or more tranches, and insider participation is expected although the extent is unknown at this time. The Company retains the right to raise up to an additional $2.5 million on a private placement basis through the issuance of up to an additional 25,000,000 Units on the same terms as the Private Placement, subject to compliance with appliable securities laws and CSE policies.

 

In connection with the Private Placement, the Company may pay certain eligible finders a commission in connection with sales to certain purchasers in accordance with the policies of the CSE and applicable securities laws, including cash commissions and broker warrants. The Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals, including, if required, approval of the CSE.

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. This news release contains information regarding a drilling program on Southern Copper Argentina’s La Esperanza gold-silver exploration project which is adjacent to the Company’s Gran Esperanza project. The Company cautions investors that a proximate boundary and similar geological setting do not guarantee exploration success, and that the presence of a drilling program or geological structures on adjacent properties is not necessarily indicative of the mineralization on the Company's property and that the exploration plans for an adjacent property may not necessary be suitable for the Company’s property. The Company has no interest in, or right to access, the adjacent property, and the Company has not independently verified any geological data from that project.

 

(1) Source: DeMedios5, “Estudiantes participaron del control de aguas en el proyecto minero La Esperanza” (September 18, 2026) Online: https://www.demedios.com.ar/estudiantes-participaron-del-control-de-aguas-en-el-proyecto-minero-la-esperanza/

(2) Source: Line Sur Noticias “Los Menucos: realizaron un nuevo muestreo participativo en el proyecto “La Esperanza”” (September 17, 2026) Online: https://lineasurnoticias.com.ar/los-menucos-realizaron-un-nuevo-muestreo-participativo-en-el-proyecto-la-esperanza/

 

About Golden Goose Resources Corp.

Golden Goose Resources Corp. is a mineral exploration company dedicated to the discovery and development of mineral resources. The Company has the right to acquire 100% of the Gran Esperanza property that covers 44,400 hectares of year-round accessible terrain in the Los Menucos District within the North Patagonian Massif. The Company also has the right to acquire 100% of the Goldfire Property totaling 83 claims covering 4,680 hectares located near Gold Field Ltd.'s Windfall Project currently under development. The Company holds a controlling interest in the El Quemado Project, comprising 20 mining concessions totaling 8,000 hectares in Salta Province, Argentina.

For further information, please contact:

 

Dustin Nanos

Chief Executive Officer and Director

Phone: (587) 577-9878

Email: dustin@goldengooseresources.com

Website: www.goldengooseresources.com

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

Golden Goose Resources Corp.

 

Dustin Nanos
CEO and Director

 

Neither the Canadian Securities Exchange nor any Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Cautionary Statement Regarding Forward-Looking Statements

 

This release contains certain "forward-looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements and information include, but are not limited to: statements in respect of the Private Placement, the use of the net proceeds from the Private Placement, the timing and ability of the Company to close the Private Placement, if at all, the gross proceeds of the Private Placement, the timing and ability of the Company to obtain all necessary regulatory approvals, if at all, and the terms and jurisdictions of the Private Placement; the Company’s exploration plans for the Gran Esperanza project and potential of the project; the exploration activities at adjacent properties; and the Company's plans and strategies.

 

Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the Company’s ability to raise funds pursuant to the Private Placement; the Company’s ability to advance exploration of its Gran Esperanza project; the Company's ability to implement its business strategies; risks associated with general economic conditions; risks associated with mineral exploration activities; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks. The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

 

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