Grafton Resources Inc. Closes Oversubscribed Private Placement Raising $2.2 Million

VANCOUVER, BRITISH COLUMBIA — September 15, 2026 — Leads & Copy — GRAFTON RESOURCES INC. (CSE:GFT; OTCQB: GFTFF; FSE: K8L0) has successfully closed an oversubscribed non-brokered private placement, raising aggregate gross proceeds of $2,217,500. The funding was achieved through the issuance of 4,435,000 units at $0.50 per unit. Each unit comprises one common share and one-half of a common share purchase warrant. These warrants provide holders the right to purchase an additional common share at $0.90 per share until September 15, 2028.

The company plans to allocate the raised capital towards working capital and general corporate purposes. Additionally, Grafton Resources Inc. paid aggregate finder's fees totaling $123,800 in cash. Furthermore, 247,600 non-transferable finder's warrants were issued to certain arm's length finders. These finder's warrants also allow for the purchase of one common share at $0.90 per share, with an expiry date of September 15, 2028.

The completion of the offering is pending acceptance from the Canadian Securities Exchange. Securities issued under this private placement will be subject to a four-month hold period, concluding on January 16, 2027, as per applicable securities regulations. The securities have not been registered under the U.S. Securities Act of 1933, as amended, or state securities laws, and therefore, cannot be offered or sold within the United States without registration or a valid exemption.

Source: GRAFTON RESOURCES INC.