Golden Goose aims to raise $3.0 million from private placement financing

Golden Goose Resources Corp. [GGR-CSE] said it intends to complete a non-brokered private placement of units that is expected to generate minimum proceeds of $3.0 million. The company said the offering includes an oversubscription clause which could increase the maximum proceeds to $5.0 million.

The offering will consist of units priced at 15 cents per unit. Each unit consists of one common share and one half of one share purchase warrant. Each whole warrant will entitle the holder to acquire one common share at an exercise price of 23 cents per warrant share for 24 months from the date of closing.

However, the expiry date of the warrants can be accelerated if the share price exceeds 35 cents for any 10 consecutive trading days on the Canadian Securities Exchange after the closing date.

Proceeds are earmarked for channel sampling, geophysical surveys, geological mapping and drilling, the company said.

Golden Goose shares were unchanged at 19.5 cents on Wednesday. The shares trade in a 52-week range of 30 cents and 11.5 cents.

Golden Goose is a mineral exploration company with a focus on discovery and development of mineral resources. It 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, Rio Negro, Argentina.

The company also holds the right to acquire 100% of the Goldfire Property, which consists of 83 claims covering 4,680 hectares located near Gold Fields Ltd’s [GFI-NYSE, GFI-JSE] Windfall Project in Quebec currently under development. That Windfall project is estimated to host 4.1 million ounces of gold and is nearing completion. The portfolio includes a controlling interest in the El Quemado Project, consisting of 20 mining concessions covering 8,000 hectares in Salta Province, Argentina.

In a press release on June 9, 2026, Golden Goose reported assay results from its first channel sampling program at Gran Esperanza. The company said the 2026 exploration campaign focused on geological mapping of the entire property, detailed geological and structural mapping and systematic channel sampling. It said the program successfully confirmed multiple gold-bearing structures, expanded the known mineralized footprint and identified several new exploration targets. The company said the Bonanza, Dorada, and Chapita structures returned the most significant gold grades and represent the highest priority exploration corridor identified by the current program.

Golden Goose can exercise the option via staged option consisting of cash payments of $1.9 million and exploration expenditures of $2.6 million.

Meanwhile, the company said its initial work at Goldfire has validated key structural and alteration features that align with known mineralization trends in the Windfall camp. “These early findings strengthen our confidence in the property’s potential and set the stage for the next phase of exploration,’’ the company has said.