Goldshore Resources Inc. announced a non-brokered private placement of 37,500,000 units at a price of CAD 0.10 per share for the gross proceeds of CAD 3,750,000 on November 2, 2023. Each warrant will entitle the holder thereof to purchase one common share at an exercise price of CAD 0.13 per warrant share for thirty-six months from the date of closing. The company may pay a finder?s fee of 6% in either cash or in units of the gross proceeds received by the company from the private placement.

The securities issued pursuant to the private placement will be subject to a four-month and one day hold period under applicable securities laws in Canada. Closing of the financing is expected to occur on or about November 14, 2023 and is subject to approval by the TSX Venture Exchange.