Golden Age Announces the Completion of the Acquisition of Mac Minerals, the Issuance of Acquisition Shares and Increases Its Private Placement

Newsfile

September 01, 2026 8:57PM GMT

Vancouver, British Columbia--(Newsfile Corp. - September 1, 2026) - Golden Age Exploration Ltd. (CSE: GDN) (the "Company") ("Golden Age") is pleased to announce that, further to its news releases dated April 15, 2026, July 7, 2026 and August 4, 2026 and in accordance with the terms of the definitive share purchase agreement dated July 31, 2026 (the "Agreement") entered into by the Company with MRG Resources Pty Ltd., Mac Minerals Pty Ltd., Sunbird Resources Pty Ltd., Ross Brown, Rob Heaslop (collectively, the "Vendors") and Mineral Road Partners Inc. ("MRP") and 1322645 B.C. Ltd. (together with MRP, the "Optionors"), pursuant to which the Company has agreed to acquire 100% of the issued and outstanding shares of Mac Minerals Pty Ltd. ("MAC"), the Company has issued an aggregate of 6,000,000 common shares of the Company to MRP and its designees. The shares issued are subject to a hold period expiring February 15, 2027.

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As announced in its news release dated August 27, 2026, the Company has received minority shareholder approval and approval from the Canadian Securities Exchange and, subject to the making of customary filings, the acquisition of 100% of the issued and outstanding shares of Mac Minerals Pty Ltd. (the "Acquisition") has been completed.

Increase in Private Placement

Further to the Company's news release dated August 27, 2026 wherein it announced a non-brokered private placement (the "Offering") of up to 2,000,000 units (each, a "Unit") at a price of $0.20 per Unit to raise gross proceeds of up to $400,000, the Company wishes to increase the Offering to up to 3,500,000 Units at a price of $0.20 per Unit to raise gross proceeds of up to $700,000. Each Unit consists of one common share and one half of one share purchase warrant. Each whole share purchase warrant is exercisable at a price of $0.35 for a period of one year. The net proceeds from the Offering will strengthen the Company's treasury and will be used to fund ongoing project-related expenditures and for working capital purposes. Commissions may be paid on funds raised.

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About Golden Age Exploration Ltd.

Golden Age is a mineral exploration company with an international reach, focused on the acquisition, exploration, and development of high-potential resource projects in established, mining-friendly jurisdictions globally. The Company's core business is to identify, analyze, and re-assess extensive historic and regional data from around the globe to identify prospective exploration opportunities worthy of significant exploration and exploitation. The Company's focus extends to mining-friendly jurisdictions that offer low political risk and a demonstrated commitment to the rule of law.

CONTACT INFORMATION:

Tibor Gajdics,
President & Director 1-778-374-0010
[email protected] 
www.goldenageexploration.com

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312467

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