Daura Gold Corp. (TSX-V: DGC) is pleased to announce it has closed its upsized and oversubscribed private placement of 28,000,000 units of the Company at a price of $0.25 per Unit for gross proceeds of $7,000,000.

Each Unit consists of one common share of the Company and one-half-of-one share purchase warrant. Each Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.375 until October 9, 2027.

The Company expects to utilize the proceeds of the Offering for advancement of its exploration land package in the Ancash Department of Peru, including the Company’s flagship Antonella project and the Yanamina Project 40km, north of Antonella, and for general working capital purposes.

“We’re very pleased to have completed this upsized, oversubscribed $7 million private placement,” stated Mark Sumner, President of Daura. “Investor participation exceeded expectations and we’re very grateful for the market’s confidence in Daura’s vision and project pipeline. With this financing now complete, we’re moving forward with our exploration and community initiatives across our projects.”

In connection with completion of the Offering, the Company paid finders’ fees of $218,277.50, and issued 1,782,970 finders’ warrants and 909,860 finders’ units to eligible third-parties who introduced subscribers to the Offering. The finders’ warrants are exercisable on the same terms as the Warrants, and the finders’ units consist of the same securities as the Units. All securities issued in connection with the Offering are subject to restrictions on resale until February 10, 2026 in accordance with applicable securities laws.

ABOUT DAURA GOLD CORP.

Listed on the TSX Venture Exchange, Daura is advancing high-impact exploration projects in Peru’s renowned Ancash region. Daura owns a 100% undivided interest in over 13,000 hectares of exploration concessions in Ancash, including the 900-hectare Antonella target, which is the primary focus of Daura’s current exploration efforts.