Gold Port Successfully Closes $1.5 Million Private Placement

Gold Port Corporation, a public company listed on the Canadian Securities Exchange under the symbol GPO, has concluded a successful non-brokered private placement raising $1.5 million. This was achieved through the issuance of 20 million units priced at $0.075 each. Each unit consists of a common share and a transferable share purchase warrant exercisable at $0.10, valid for three years.

Finders' fees totaling $40,950 and 546,000 non-transferable warrants were issued under the company's sale conditions. The funds raised will advance the Groete Gold Copper Project in Guyana, which hosts an inferred resource of 1.57 million gold equivalent ounces. Gold Port remains committed to resource expansion and shareholder value.