Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IF) is pleased to announce that it has closed a non-brokered private placement financing with institutional support for aggregate gross proceeds of approximately C$9,800,000. Under the Offering, the Company issued 6,057,000 common shares in the capital of the Company at a price of C$1.62 per FT Share. Each FT Share qualifies as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act (Canada). No warrants were issued and no finder’s fees or commissions were paid in connection with the Offering.

Mr. Roger Rosmus, Founder & CEO of Goliath Resources states: “We welcome the continued support from the institutional community for our grassroots high-grade Surebet Gold Discovery at our Golddigger Property located in the Golden Triangle. The overall current market has been extremely volatile. These additional funds are an insurance policy that further enhances our strong balance sheet and puts us in a stronger position, with ~C$27.5M in cash going into 2027 and our planned exploration drill program. We look forward to announcing assays on the 55 holes that are still pending from the 2026 drill program once received, compiled and interpreted. In the interim, please check out our new Surebet Discovery Interactive 3D Model: https://got.terrahutton.io/”

The FT Shares were issued to subscribers pursuant to available prospectus exemptions under National Instrument 45-106 – Prospectus Exemptions and are subject to a statutory four-month hold period ending March 1, 2027, pursuant to applicable Canadian securities laws. The Offering remains subject to the final approval of the TSX Venture Exchange.

The gross proceeds from the issue and sale of the FT Shares will be used to incur exploration expenses that qualify as “Canadian exploration expenses” as defined in subsection 66.1(6) of the Tax Act and “flow-through mining expenditures” as defined in subsection 127(9) of the Tax Act for purposes of the mineral exploration tax credit on the Company’s flagship Golddigger-Surebet Gold Project, located in British Columbia, Canada. Such Qualifying Expenditures will be incurred on or before December 31, 2027, and renounced to the subscribers with an effective date no later than December 31, 2026.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Goliath Resources Limited 

Goliath Resources is an explorer of precious metals projects in the highly prospective Golden Triangle of Northwestern British Columbia. All of its projects are in high quality geological settings and geopolitical safe jurisdictions amenable to mining in Canada. Goliath Resources is a member and active supporter of CASERM, which is an organization that represents a collaborative venture between Colorado School of Mines and Virginia Tech. In 2025, Goliath Resources completed its largest drill program to date for a total of 64,364 meters and has recently completed a fully funded drill program in 2026 comprised of 48,443 meters; assays are pending for 55 holes. The Company’s key strategic cornerstone shareholders include Crescat Capital, a Global Commodity Group (Singapore), McEwen Inc. (NYSE: MUX) (TSX: MUX), Waratah Capital Advisors, Rob McEwen, Eric Sprott and Larry Childress.

For more information please contact:

Goliath Resources Limited
Mr. Roger Rosmus
Founder and CEO
Tel: +1.416.488.2887
roger@goliathresources.com
www.goliathresourcesltd.com