Gold Port Announces Closing of Non-Brokered Private Placement

Rhea-AI Summary

Gold Port (CSE:GPO • OTCQB:GPOTF) closed a non-brokered private placement on December 1, 2025, raising $1,500,000 through the issuance of 20,000,000 units at $0.075 per unit. Each unit includes one share and one three‑year warrant exercisable at $0.10. The company paid $40,950 cash and issued 546,000 finder’s warrants exercisable at $0.075.

Proceeds will fund advancement of the 100%‑owned Groete Gold‑Copper Project in Guyana, which hosts a NI 43‑101 inferred resource of 1.57 million gold‑equivalent ounces in 74 million tonnes at 0.66 g/t (resource dated 2012).

Positive

• $1.5M gross proceeds raised
• Issued 20,000,000 units to fund exploration
• Proceeds allocated to Groete Project advancement
• NI 43‑101 inferred resource: 1.57M gold‑eq ounces

Negative

• Potential dilution from 20,000,000 units issued
• Additional dilution from up to 20,000,000 warrant shares
• Paid $40,950 cash plus 546,000 finder’s warrants
• Company shares subject to 12‑month hold period

News Market Reaction

+26.40%

1 alert

+26.40% News Effect

On the day this news was published, GPOTF gained 26.40%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Private placement proceeds: $1,500,000 Units issued: 20,000,000 units Unit price: $0.075 +5 more

8 metrics

Private placement proceeds $1,500,000 Gross proceeds raised in non-brokered private placement

Units issued 20,000,000 units Units sold at $0.075 per Unit in financing

Unit price $0.075 Offering price per Unit in private placement

Warrant exercise price $0.10 Exercise price per Warrant Share for three years

Finders’ fees cash $40,950 Cash finders’ fees paid in connection with placement

Finder’s warrants 546,000 warrants Non-transferable finder’s warrants exercisable at $0.075

Gold-equivalent resource 1.57 million ounces NI 43-101 Inferred gold-equivalent ounces at Groete (2012)

Resource grade 0.66 g/t Gold copper equivalent grade over 74M tonnes at Groete

Market Reality Check

Price: $0.1131 Vol: Volume 17,500 is 1.35x th...

normal vol

$0.1131 Last Close

Volume Volume 17,500 is 1.35x the 20-day average of 12,941 ahead of this financing news. normal

Technical Price 0.1087 is trading above the 200-day MA at 0.03.

Peers on Argus

Peers in Basic Materials/Gold showed mixed moves, with names like BURCF at -2.26...

Peers in Basic Materials/Gold showed mixed moves, with names like BURCF at -2.26% and OPHRF at +6.5%, suggesting stock-specific rather than sector-driven dynamics for GPOTF.

Historical Context

2 past events · Latest: Dec 01 (Positive)

Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Dec 01	Private placement close	Positive	+26.4%	Closed $1.5M unit financing with three-year warrants for Groete project.
Oct 27	Private placement launch	Positive	+2.9%	Announced non-brokered placement to fund Groete exploration and drilling.

Pattern Detected

Recent private placement announcements have coincided with positive next-day price reactions, indicating the market has been receptive to funding news tied to the Groete project.

Recent Company History

Over recent months, Gold Port focused on funding and advancing its 100%-owned Groete Gold Copper Project in Guyana. On October 27, 2025, it announced a non-brokered private placement to raise up to CAD$1,282,500, with a subsequent +2.9% price move. By December 1, 2025, the company closed a larger financing of $1,500,000, issuing 20,000,000 units with three-year warrants, which was followed by a +26.4% reaction, underscoring strong interest in capital for Groete’s development.

Market Pulse Summary

The stock surged +26.4% in the session following this news. A strong positive reaction aligns with r...

Analysis

The stock surged +26.4% in the session following this news. A strong positive reaction aligns with recent history, where private placement announcements around Groete generated gains up to 26.4%. Markets appeared to view fresh capital of $1,500,000 and attached three-year warrants as supportive of project advancement. However, added units and finder compensation increased dilution pressures, which could cap follow-through if future financings recur or project milestones lag expectations.

Key Terms

non-brokered private placement, common share purchase warrant, ni 43-101, inferred resource, +2 more

6 terms

non-brokered private placement financial

"it has closed its non-brokered private placement (the "Private Placement")"

A non-brokered private placement is when a company raises money by selling securities (such as shares or bonds) directly to a small group of chosen investors without using a broker or dealer as a middleman. For investors it matters because it can provide faster, lower-cost access to new investment opportunities but may bring higher risk, less liquidity and potential dilution of existing holdings compared with public offerings.

common share purchase warrant financial

"one transferable common share purchase warrant (each a "Warrant")"

A common share purchase warrant is a tradable contract that gives its holder the right, but not the obligation, to buy a company’s common stock at a specified price within a set period. Think of it like a coupon for future shares: if the stock rises above the coupon price it can boost returns for the holder, but when used it increases the number of outstanding shares and can reduce each existing shareholder’s ownership and affect the company’s cash position.

ni 43-101 regulatory

"The Groete Project currently hosts a NI 43-101 Inferred resource"

A Canadian regulatory standard that sets the rules for how mining and exploration companies must report mineral resources and reserves, requiring technical reports prepared or signed off by an independent, certified expert. It matters to investors because it creates a consistent, transparent “inspection report” for mining projects, making it easier to compare prospects, judge the reliability of claims, and assess geological and financial risk before investing.

inferred resource technical

"NI 43-101 Inferred resource of 1.57 million gold equivalent ounces"

An inferred resource is an early-stage estimate of how much mineral material may be present and its likely quality, based on limited sampling and basic geological patterns rather than detailed data. It matters to investors because it indicates potential upside but carries high uncertainty—like a rough hand-drawn map that hints at treasure but needs much more surveying and testing before anyone can count on its value for planning or valuation.

qualified person regulatory

"The resource calculation can be relied upon and the Qualified Person has"

A qualified person is someone with specialized knowledge, experience, and training in a particular field, allowing them to accurately assess and verify information or work. Their expertise helps ensure that reports, evaluations, or decisions are trustworthy and meet required standards. For investors, a qualified person provides confidence that the information they rely on is credible and properly validated.

grams per tonne technical

"within 74 million tonnes, at a grade of 0.66 grams per tonne gold"

Grams per tonne (g/t) is a measure of how many grams of a precious or base metal are contained in one tonne of rock or ore. It tells investors the concentration of the metal: higher g/t means more metal packed into the same amount of material, which can lower production costs and raise the potential value of a mine. Think of it like the amount of sugar in a slice of cake—the more sugar per slice, the sweeter (and more valuable) each slice is.

AI-generated analysis. Not financial advice.

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / December 1, 2025 / Gold Port Corporation (CSE:GPO)(OTCQB:GPOTF) ("Gold Port" or the "Company") is pleased to announce that, further to its news releases of October 27, 2025 and October 31, 2025, it has closed its non-brokered private placement (the "Private Placement") raising gross proceeds of $1,500,000 through the issuance of 20,000,000 units (each a "Unit") at $0.075 per Unit.

Each Unit is comprised of one common share (each a "Share") in the capital of the Company and one transferable common share purchase warrant (each a "Warrant") with each Warrant entitling the holder to purchase one additional Share (each a "Warrant Share") of the Company at an exercise price of $0.10 per Warrant Share for a period of three (3) years from the closing of the Private Placement (the "Expiry Date").

The Company paid finders' fees totaling $40,950 cash and 546,000 non-transferable finder's warrants (the "Finder's Warrants") to eligible finders in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Each Finder's Warrant is exercisable at $0.075 until the Expiry Date. PowerOne Capital Markets Limited acted as a finder in connection with a portion of the Private Placement.

All securities issued under the Private Placement are subject to a four month hold period pursuant to securities laws in Canada and a Company hold period expiring twelve months from the date of closing of the Private Placement.

Proceeds from the Private Placement will be directed toward advancing the Company's 100%-owned Groete Gold Copper Project in Guyana, South America. The Groete Project currently hosts a NI 43-101 Inferred resource of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade of 0.66 grams per tonne gold copper equivalent. A cut-off grade of 0.25 gold equivalent grams per tonne, a gold price of US$1,275 per ounce and copper price of US$3.00 per pound was used in the calculation of the Inferred Mineral Resource. The resource was calculated in 2012 and offers the potential for significant expansion. The resource calculation can be relied upon and the Qualified Person has completed a site visit.

Gold Port remains focused on unlocking the full potential of the Groete Gold Copper Project and creating long-term value for shareholders through resource growth from responsible exploration.

About Gold Port Corporation

Gold Port Resources Corporation (GPO) is focused on the further exploration and development of the 100% owned Groete Gold Copper Project (the "Project"), located in Guyana, South America. The current focus of the Company is to enhance the NI 43-101 inferred gold copper resource defined at the Project to a higher resource classification, and to potentially expand the total mineral inventory. The Project was last explored in 2012, which included a drill program that allowed the calculation of an Inferred Mineral Resource of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade of 0.66 grams per tonne gold copper equivalent. A cut-off grade of 0.25 gold equivalent grams per tonne, a gold price of US$1,275 per ounce and copper price of US$3.00 per pound was used in the calculation of the Inferred Mineral Resource. Details of the Mineral Resource are contained in a National Instrument 43-101 report titled, Technical Report and Updated Mineral Resource Estimate on the Groete Gold Copper Deposit, Groete Property, Guyana, South America by P&E Mining Consultants Inc., dated April 16, 2019, available on SEDAR and the Company website at www.goldportcorporation.com.

On behalf of the Board of Directors

Adrian F. C. Hobkirk
President, CEO and Director

T: 954-684-8040
E: info@goldportcorporation.com
W: www.goldportcorporation.com

Mr. William Feyerabend, CPG, a Consulting Geologist and Qualified Person under National Instrument 43-101, and a Director of the Company, participated in the writing of this press release and approves the scientific and technical content.

No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.

This news release contains certain "forward-looking statements" within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based upon opinions and estimates of management on the date the statements are made and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward-looking statements. The reader is cautioned not to place undue reliance on forward- looking statements. We seek safe harbor.

The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

SOURCE: Gold Port Corporation

View the original press release on ACCESS Newswire

FAQ

What did Gold Port (GPOTF) announce on December 1, 2025?

Gold Port closed a non‑brokered private placement raising $1,500,000 via 20,000,000 units at $0.075 per unit with three‑year warrants at $0.10.

How many warrants did Gold Port issue and what is the exercise price?

Each unit included one warrant exercisable at $0.10 for three years; the placement issued 20,000,000 such warrants.

How will Gold Port use the proceeds from the private placement (GPOTF)?

Proceeds will be used to advance the company’s 100%‑owned Groete Gold‑Copper Project in Guyana.

What finder’s fees did Gold Port pay in the December 1, 2025 financing?

The company paid $40,950 cash and issued 546,000 non‑transferable finder’s warrants exercisable at $0.075 until expiry.

What is the reported NI 43‑101 resource at Groete reported in the announcement?

The Groete Project hosts a NI 43‑101 inferred resource of 1.57 million gold‑equivalent ounces in 74 million tonnes at 0.66 g/t (2012 estimate).

Are the new shares from the private placement immediately tradable for GPOTF shareholders?

Securities issued are subject to a four‑month Canadian hold and a company hold expiring 12 months from closing.