Golden Lake Exploration Inc announced a non brokered private placement of up to 15,000,000 units at issue price CAD 0.05 per unit for gross proceeds of CAD 750,000 on April 16, 2024. Each Unit will be comprised of one common share and one transferable Share purchase warrant of the Company. Each whole Warrant will entitle the Subscriber to purchase one Warrant Share for a 24-month period after the Closing Date at an exercise price of CAD 0.07 per share.

Shares issued pursuant to the Financing will be subject to a four-month hold period according to applicable securities laws of Canada. Finders' fees may be payable on the private placement, subject to the policies of the Canadian Securities Exchange.