Goliath Resources Announces Concurrent Non-Brokered Private Placement of Charity Flow-Through Shares Following Previously Announced “Bought Deal” Offering For Combined Gross Proceeds Total Up To C$24,065,200

Core Viewpoint - Goliath Resources Limited is responding to strong institutional demand by initiating a concurrent non-brokered private placement alongside a previously announced bought deal private placement, aiming to raise a total of approximately C$24,065,200 [1][4]. Group 1: Offerings and Financial Details - The bought deal private placement is set for gross proceeds of C$20,002,700, while the concurrent offering aims to issue up to 1,281,545 common shares at C$3.17 each, potentially raising an additional C$4,062,500 [1][4]. - The total anticipated gross proceeds from both offerings combined is C$24,065,200 [1]. - A cash commission of 6.0% will be paid to finders for the concurrent offering, along with Finder's Warrants equal to 6.0% of the shares sold [2]. Group 2: Use of Proceeds - Proceeds from the concurrent offering will be allocated to Qualifying Expenditures related to the Golddigger-Surebet Gold Project in British Columbia, Canada [4]. - The funds will be used for exploration expenses qualifying as "Canadian exploration expenses" and "flow-through mining expenditures" under the Income Tax Act [4]. Group 3: Regulatory and Closing Information - The concurrent offering is expected to close around June 16, 2025, pending necessary approvals, including from the TSX Venture Exchange [3]. - The Charity Flow-Through Shares and associated securities will be issued under exemptions from the prospectus requirements and will be subject to a hold period of four months and one day post-closing [4].