Goldshore Announces Closing of $36.08M Bought Deal Private Placement: Launch of 50,000m Drill Program and Updated Strategic Plan

  • On close of the Offering, Goldshore has over $40 million in cash on the balance sheet and a well defined Updated Strategic Plan to progress the project at pace while creating value 50,000-meter drill program will focus on: resource expansion, grade control drilling, and an inaugural district exploration program across 23kms of mineralized under-explored structures PEA release by G Mining Services Inc. ("G Mining Services") moved into Q4 to incorporate an updated MRE driven by the successful winter program and re-assaying of historical core to better define mining dilution. The Company expects this will lead to additional mine life and higher life-of-mine grades within the PEA Continuing to build strong relationships with First Nations and community stakeholders while completing a comprehensive Environmental Baseline Study, positioning the project for a successful environmental assessment process Vancouver, British Columbia--(Newsfile Corp. - June 20, 2025) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) ("Goldshore" or the "Company") is pleased to announce that is has closed its previously announced "bought deal" private placement offering (the "Offering") for aggregate gross proceeds of $36,085,000.