Grafton Resources Announces Closing Of Additional Non-Brokered Private Placement Of Units

(TheNewswire)

NOT FORDISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATIONIN THE UNITED STATES.

VANCOUVER, BRITISH COLUMBIA, December15, 2025 – TheNewswire - GRAFTON RESOURCES INC. (CSE:GFT; OTCQB: PMSXF) (“Grafton” or the “Company”) is pleased to announce that it has closed a further non-brokered private placement(the “ Offering ”), raising aggregate gross proceeds of $350,000 via theissuance of 700,000 units (each, a “ Unit ”) of the Company at a purchase price of$0.50 per Unit. Each Unit consists of one common share of the Companyand one-half of one common share purchase warrant (each whole warrant,a “ Warrant ”). Each Warrant entitles the holder to purchase one commonshare (a “ Warrant Share ”) of the Company at a purchase price of $0.80 per WarrantShare until December 15, 2027.

The Company intends to use the proceeds of the Offering towards working capital and generalcorporate purposes .

The Company paid aggregate finder’s fees of $22,400in cash, and issued 44,800 non-transferablefinder’s warrants (each, a “ Finder’s Warrant ”) to certain arm’slength finders. Each Finder’s Warrant will entitle the holder topurchase one common share (a “ Finder’s Share ”) of the Company at a purchase price of $0.80 perFinder’s Share until December 15, 2027. The Offering remains subjectto the acceptance of the Canadian Securities Exchange (the“ Exchange ”). The securities issued pursuant tothe Offering are subject to a four-month hold period expiring on April16, 2026 in accordance with applicable securities laws.

The securities described herein have not been, and willnot be, registered under the United States Securities Act of 1933, asamended (the “ U.S.Securities Act ”), or any state securitieslaws, and accordingly, may not be offered or sold within the UnitedStates except in compliance with the registration requirements of theU.S. Securities Act and applicable state securities requirements orpursuant to exemptions therefrom. This press release does notconstitute an offer to sell or a solicitation to buy any securities inany jurisdiction.

On behalf of the board of Grafton Resources Inc.

“John Campbell Smyth”

Interim Chief Executive Officer, Chairman &Director

For more information, please contact the Company at+61403203402

Cautionary NoteRegarding Forward Looking Statements

This news release contains certainforward-looking statements. Generally forward-looking statements can be identified by the use ofterminology such as “anticipate”, “will”, “expect”,“may”, “continue”, “could”, “estimate”,“forecast”, “plan”, “potential” and similar expressions.Forward-looking statements contained in this press release includestatements regarding the use of proceeds; the Option; receivingacceptance from the Exchange to the completion of the Offering; andthe business and anticipated financial performance of the Company.These statements are subject to a number of risks and uncertainties.Actual results may differ materially from results contemplated by theforward-looking statements. Factors that could cause actual results todiffer materially from those in forward-looking statements include theCompany does not receive regulatory acceptance to the Offering;general economic condition; risks inherent in exploration activities;volatility and sensitivity to market prices; volatility andsensitivity to capital market fluctuations; and fluctuations in metalprices.  Accordingly the actual events may differ martially fromthose projected in the forward-looking statements. The forward-lookingstatements contained in this press release are made as of the datehereof or the dates specifically referenced in this press release,where applicable. When relying on forward-looking statements to makedecisions, investors and others should carefully consider theforegoing factors and other uncertainties and should not place unduereliance on such forward-looking statements. The Company does notundertake to update any forward looking statements, oral or written,made by itself or on its behalf, unless otherwise required pursuant toapplicable laws.

Copyright (c) 2025 TheNewswire - All rights reserved.