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Vancouver, British Columbia--(Newsfile Corp. - June 20, 2025) - Waraba Gold Limited (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) (the "Company" or "Waraba") is pleased to announce that it has closed the final tranche ("Final Tranche") of the offering announced on March 25, 2025 (the "March 25 NR") and has issued US$300,000 of non-convertible unsecured debentures of the Company (the "Debentures") which will mature June 18, 2026. The funds raised by the Company will be utilized to fund the initial commitments under the Earn-Term Sheet In (as defined in the March 25 NR) and general working capital.