Each flow-through unit is priced at $0.055 and consists of one common share that qualifies as a “flow-through share” under the Income Tax Act (Canada), along with one-half of a non-transferable common share purchase warrant. Each whole warrant allows the holder to purchase an additional common share at $0.10 until December 31, 2027.

The company also issued 72,727 non-transferable finders warrants and paid $4,000 in cash to arm’s length finders in connection with the First Tranche Closing. Each Finder Warrant allows the holder to acquire one additional common share at $0.10 until December 31, 2027.

All securities issued during this first tranche are subject to a statutory hold period ending on May 1, 2026.

Bronco Resources plans to use the proceeds to fund eligible Canadian exploration expenses related to its Placer Mountain Gold Project in British Columbia. These expenditures will qualify as flow-through mining expenditures, with all qualifying expenses renounced in favor of the FT Share subscribers by December 31, 2025.

The company anticipates a final tranche closing in early January 2026, issuing 2,000,000 non-flow-through units at $0.05 each, potentially generating gross proceeds of up to $100,000.

According to the release, an insider of the Company participated in the First Tranche Closing for an aggregate amount of 90,909 FT Units. The company relied on exemptions from the formal valuation and minority shareholders approval requirements under Multilateral Instrument 61-101, as the insider participation did not exceed 25% of the company's fair market value.

The securities sold in connection with the First Tranche Closing have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption.

Bronco Resources Corp. is focused on identifying, acquiring, and advancing prospective and under-explored gold properties worldwide.

Corbin Stewart, President and CEO

Contact Information:
Bronco Resources Corp.
Corbin Stewart
Chief Executive Officer
Ph: (236-763-6827)

Source: Bronco Resources Corp.