Gotham Resource Corp. announced a non-brokered private placement that it has issued an aggregate of 1,421,367 subscription receipts at a price of CAD 0.75 per share for the gross proceeds of CAD 1,066,025.25 on January 18, 2024. Each subscription receipt will convert into one common share and one-half of one Resulting Issuer warrant.

Each whole Subscription Receipt Warrant entitles the holder to purchase an additional common share in the capital of the Resulting Issuer at a price of CAD 1 for a period of one year from issuance,subject to an accelerator clause. The Subscription Receipt Shares and Subscription Receipt Warrants issuable upon the conversion of the Subscription Receipts will not be subject to a hold period under applicable securities legislation in Canada. An aggregate of CAD 60,960.02 finder's fees and 81,280 finder's warrants to Haywood Securities Inc.,Canaccord Genuity Corp.

and Scotia Capital Inc., which are payable in respect of the Financing, will be paid upon satisfaction of certain escrow release conditions and on completion of the transaction.